Guest

substantial discrepancy

/səbˈstænʃəl dɪsˈkrepənsi/ · sub·stan·tial dis·crep·an·cy
noun
  1. A large or significant difference between two or more quantities, measurements, statements, or accounts. The auditor noted a substantial discrepancy between the reported expenses and the actual receipts.
Did you know? The phrase gained prominence in financial auditing literature of the 1850s, where auditors warned of substantial discrepancies that could indicate fraud or bookkeeping errors.
Written by Lexi Wordsworth, Dictionary Editor 0 lookups Added Jul 21, 2026