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variance

Word family (noun) variable variance variant variety variability variation (adjective) variable invariable varied various (verb) vary (adverb) variably invariably variously
From Longman Dictionary of Contemporary Englishvariancevar‧i‧ance /ˈveəriəns $ ˈver-/ AWL noun 1 be at variance (with somebody/something) 2 [countable, uncountable] formalDIFFERENT the amount by which two or more things are different or by which they changedifferential a price variance of 5%3 [countable] American English law the official permission to do something different from what is normally allowed The developer requested a variance to build a shopping center on the east side of town.Examples from the CorpusvarianceThe church requested a variance to expand its parking lot.There was, moreover, a vehemence of utterance and gesture curiously at variance with the reticence of our Virginians.This was at variance with the Eurocheque system as exempted by the Commission in 1984.A little variance in forecast numbers may be anticipated as a consequence.Survey data indicate no variance in church attendance between blue- and white-collar workers.Tobacco consumption was the most important factor to explain the variance.The variance explained by these two simulations is 60.8% and 60.6%, respectively. From Longman Business Dictionaryvariancevar‧i‧ance /ˈveəriənsˈver-/ noun1[uncountable] the amount by which two or more things are differentThere’s a wide variance in the two sets of data. 2[countable, uncountable]ACCOUNTING the difference between what something actually costs and its usual or standard cost, or its cost when calculated earlier A significant variance is one amounting to more than 10% of the allocated budget.3[countable] American EnglishLAW an arrangement in which a court of law allows a company to do something that would not normally be allowedSYNexemption BrEThe authoritygranted a variance so the company could install the satellite dish.4[countable] American English an arrangement in which a local government authority allows someone to do something to their property that would not normally be allowed
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