The variance between things is the difference between them.
[formal]
...the variances in the stock price. [+ in]
...total revenue variance.
Synonyms: difference, contrast, discrepancy, variation More Synonyms of variance
variance in British English
(ˈvɛərɪəns)
noun
1.
the act of varying or the quality, state, or degree of being divergent; discrepancy
2.
an instance of diverging; dissension
our variance on this matter should not affect our friendship
3. at variance
4. statistics
a measure of dispersion obtained by taking the mean of the squared deviations of the observed values from their mean in a frequency distribution
5.
a difference or discrepancy between two steps in a legal proceeding, esp between a statement in a pleading and the evidence given to support it
6.
(in the US and Canada) a licence or authority issued by the board of variance to contravene the usual rule, esp to build contrary to the provision of a zoning code
7. chemistry
the number of degrees of freedom of a system, used in the phase rule
8. accounting
the difference between actual and standard costs of production
variance in American English
(ˈvɛriəns; ˈværiəns)
noun
1.
the quality, state, or fact of varying or being variant; a changing or tendency to change
2.
degree of change or difference; divergence; discrepancy
3.
official permission to bypass regulations; specif., permission to make nonconforming use of zoned property
4.
an active disagreement; quarrel; dispute
5. Accounting
the difference between the actual costs of production and the standard or expected costs
6. Law
a lack of agreement between two parts of a legal proceeding which should agree, as between a statement and the evidence offered in support of it
7. Physical Chemistry
the number of degrees of freedom of a system
see also phase rule
8. Statistics
the square of the standard deviation
Idioms:
at variance
Word origin
OFr < L variantia < L varians, prp. of variare, to vary
variance in Accounting
(vɛəriəns)
Word forms: (regular plural) variances
noun (count) (noncount)
(Accounting: Management)
Variance is the difference between an actual cost and a budgeted or standard cost.
The purpose of variance analysis is to provide practical pointers to the causes of off-standard performanceso that management can improve operations.
Favorable or positive variances occur when revenue is higher, or cost lower, than anticipated or planned, leadingto a better profit result.
Variance is the difference between an actual cost and a budgeted or standard cost.
Examples of 'variance' in a sentence
variance
The usual measure of this spread is the standard deviation or variance.
Charles A. D'Ambrosio & Stewart D. Hodges & Richard Brealey & Stewart Myers Principles of Corporate Finance (1991)
The standard statistical measures of spread are variance and standard deviation.
Charles A. D'Ambrosio & Stewart D. Hodges & Richard Brealey & Stewart Myers Principles of Corporate Finance (1991)
This idealistic concept is at variance with reality.
Laszlo, John (MD) Understanding Cancer (1987)
Our first step was to take a player's performance and measure the variance.
Times, Sunday Times (2010)
One is the average or "expected" return; the other is the variance or standard deviation.
Charles A. D'Ambrosio & Stewart D. Hodges & Richard Brealey & Stewart Myers Principles of Corporate Finance (1991)
It involves no skill, a high variance of returns and a negative expected value: you can expect not to recoup the cost of the ticket.
Times, Sunday Times (2016)
(noun)
the variances in the stock price
Synonyms
difference
the vast difference in size
contrast
The contrast between the two pieces of artwork was very striking.
discrepancy
the discrepancy between press and radio reports
variation
local variations in price and availability
disagreement
contradiction
Dee saw no contradiction between his religion and his philosophy.
inconsistency
the alleged inconsistencies in her evidence
deviation
a clear example of deviation from the norm
divergence
There's substantial divergence of opinion in the party.
incongruity
She smiled at the incongruity of the question.
dissimilarity
Opposites
agreement
,
harmony
,
similarity
,
correspondence
,
accord
,
unison
,
congruity
phrase
See at variance
Additional synonyms
in the sense of contradiction
Dee saw no contradiction between his religion and his philosophy.
Synonyms
conflict,
inconsistency,
contravention,
incongruity,
confutation
in the sense of contrast
Definition
a difference which is clearly seen when two things are compared
The contrast between the two pieces of artwork was very striking.
Synonyms
difference,
opposition,
comparison,
distinction,
foil,
disparity,
differentiation,
divergence,
dissimilarity,
contrariety
in the sense of deviation
a clear example of deviation from the norm
Synonyms
departure,
change,
variation,
shift,
alteration,
discrepancy,
inconsistency,
disparity,
aberration,
variance,
divergence,
fluctuation,
irregularity,
digression
Nearby words of
variance
vapid
vapour
variable
variance
variant
variation
varied
Related terms of
variance
at variance
Synonyms of 'variance'
variance
Explore 'variance' in the dictionary
Additional synonyms
in the sense of disagreement
Definition
a difference between results, totals, etc., which shows that they cannot all be true
Synonyms
incompatibility,
difference,
diversity,
discrepancy,
disparity,
variance,
divergence,
incongruity,
dissimilarity,
unlikeness,
dissimilitude
in the sense of discrepancy
Definition
a conflict or variation between facts, figures, or claims
the discrepancy between press and radio reports
Synonyms
disagreement,
difference,
variation,
conflict,
contradiction,
inconsistency,
disparity,
variance,
divergence,
dissonance,
incongruity,
dissimilarity,
discordance,
contrariety
in the sense of divergence
There's substantial divergence of opinion in the party.