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Exemption vs Variance - What's the difference?

exemption | variance |

As nouns the difference between exemption and variance

is that exemption is an act of exempting while variance is the act of varying or the state of being variable.

exemption

English

Noun

(en noun)
  • An act of exempting.
  • The state of being exempt; immunity.
  • A deduction from the normal amount of taxes.
  • Freedom from a defect or weakness.

    • Synonyms

    * free pass * get out of jail free card * immunity

    variance

    English

    Alternative forms

    * variaunce * var

    Noun

    (wikipedia variance) (en noun)
  • The act of varying or the state of being variable
  • A difference between what is expected and what happens
  • The state of differing or being in conflict
  • A discrepancy, especially between two legal documents
  • (senseid)(statistics) The second central moment in probability
  • (computing, programming) covariance and contravariance generally