variance vs margin

margin vs variance

variance and margin both are nouns.

Word	Noun	Adjective	Verb	Adverb
variance	Yes	No	No	No
margin	Yes	No	No	No

As nouns, margin is a hyponym of variance; that is, margin is a word with a more specific, narrower meaning than variance:

variance: a difference between conflicting facts or claims or opinions
margin: a permissible difference; allowing some freedom to move within limits

Other hyponyms of variance include allowance, leeway, tolerance.

variance (noun)	margin (noun)
an activity that varies from a norm or standard	an amount beyond the minimum necessary
an official dispensation to act contrary to a rule or regulation (typically a building regulation)	a permissible difference; allowing some freedom to move within limits
a difference between conflicting facts or claims or opinions	the blank space that surrounds the text on a page
the quality of being subject to variation	the amount of collateral a customer deposits with a broker when borrowing from the broker to buy securities
the second moment around the mean; the expected value of the square of the deviations of a random variable from its mean value	(finance) the net sales minus the cost of goods and services sold
discord that splits a group	the boundary line or the area immediately inside the boundary
an event that departs from expectations

Difference between variance and margin

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