variance

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Also contributing to the variance is a one time license fee of $2 million recorded in the second quarter this year.

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Definitions (26)

Toggle American Heritage definitions American Heritage Dictionary (9)

  1. noun The act of varying.
  2. noun The state or quality of being variant or variable; a variation.
  3. noun A difference between what is expected and what actually occurs.
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Examples (50)

  • Higher kurtosis means more of the variance is due to infrequent extreme deviations, as opposed to frequent modestly-sized deviations. —  Safehaven
  • This favorable variance was a reflection of our cost controls. —  Retail Sector and Stocks Analysis from Seeking Alpha
  • Encouraging variance -- the creation of weird or unexpected ideas -- is a key goal for someone cultivating a creative culture. —  metacool
  • This variance is caused by some assumptions you have to make on mix (how much seller activity on media vs. the non-media categories) and average selling prices. —  eBay Strategies
  • Because of the amount of damage the house sustained in the fire, a variance is required before the non-conforming use can be rebuilt.
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Roget's II: The New Thesaurus, Third Edition by the Editors of the American Heritage® Dictionary. Copyright © 2003, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Etymologies (1)

Toggle Century etymologies Century Dictionary (1)

  1. from Middle English variance, variaunce, from Old French *variance = Italian varianza, from Latin variantia, a difference, diversity, from varian(t-)s, variant: see variant.
 

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/ˈveɪrɪəns/
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