DEFINITION of 'Eurozone'. A geographic and economic region that consists of all the European Union countries that have fully incorporated the euro as their national currency. Also referred to as euroland.
variation. n. 1. the act, process, condition, or result of changing or varying; diversity. 2. an instance of varying or the amount, rate, or degree of such change. 3. something that differs from a standard or convention.arâ¢iâ¢aâ¢tion. 1. the act or process of varying: prices subject to variation. 2. an instance of this: a variation in quality. 3. amount of change: a temperature variation of 20Â°. 4. a different form of something.
Definition of Measure of Variation. Measure of variation is a measure that describes how spread out or scattered a set of data. It is also known as measures of dispersion or measures of spread. There are three measures of variation: The range, the variance, and the standard deviation.