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variance
(redirected from variances)

   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Wikipedia, Hutchinson 0.01 sec.
variance
1. 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
2. (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
3. Chem the number of degrees of freedom of a system, used in the phase rule

variance [′ver·ē·əns]
(statistics)
The square of the standard deviation.


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The BSA, a quasi-judicial entity, may grant variances from use and bulk provisions to ensure that an eminent domain taking does not occur in violation of the Constitution's fifth amendment.
Information that exists in two or more systems or locations are frequently fraught with variances, and a typical large company may need to complete 10,000 reconciliation actions in order to close its books, most of those highly manual, says Movaris President and CEO Eric Keller.
Quarterly services have shorter variances than semiannuals, and semiannuals have shorter variances than annuals.
 
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