MLchartDataset catalogue

Value-at-risk (VAR)

Term · Insurance and risk management · MLC-T-INS-003460

A statistical measure used to quantify the potential financial loss of a portfolio or firm over a specific time horizon and at a given confidence level. For example, a 95% VAR of $1 million over one day means there is a 5% chance of losing more than $1 million in a single day. It is widely used in financial risk management to assess market risk.

Table 1. Record
IdentifierMLC-T-INS-003460
FieldInsurance and risk management
AbbreviationVAR
Record as JSON 
{
  "id": "MLC-T-INS-003460",
  "term": "Value-at-risk (VAR)",
  "field": "Insurance and risk management",
  "definition": "A statistical measure used to quantify the potential financial loss of a portfolio or firm over a specific time horizon and at a given confidence level. For example, a 95% VAR of $1 million over one day means there is a 5% chance of losing more than $1 million in a single day. It is widely used in financial risk management to assess market risk.",
  "abbreviation": "VAR",
  "url": "https://mlchart.com/terminology/insurance/value-at-risk-var/"
}

Record 3,562 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.