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What does Variance mean?

The difference between an actual amount and a budgeted or planned amount.

Variance in a sentence
The accountant analyzed the variance between the budgeted and actual expenses for the quarter.

Variance in German, French, Spanish and Italian

German
Abweichung

Abweichung zwischen Planwerten und Istwerten.

French
écart

Écart constaté entre une donnée réelle et une donnée prévisionnelle.

Spanish
variación

Diferencia entre los resultados reales y los presupuestados.

Italian
scostamento
also varianza

Differenza tra i valori effettivi e i valori previsti a budget.

Synonyms and opposites for Variance

  • Synonym Discrepancy
  • Synonym Deviation

More Accounting terms

All accounting terms →

Variance is filed under