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var
(redirected from Value at risk)

   Also found in: Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
var [vɑː]
n
(Mathematics & Measurements / Units) a unit of reactive power of an alternating current, equal to the product of the current measured in amperes and the voltage measured in volts
[from v(olt-)a(mperes) r(eactive)]

Var (French) [var]
n
1. (Placename) a department of SE France, in Provence-Alpes-Côte-d'Azur region. Capital: Toulon. Pop.: 898 441 (1999). Area: 6023 sq. km (2349 sq. miles)
2. (Placename) a river in SE France, flowing southeast and south to the Mediterranean near Nice. Length: about 130 km (80 miles)

VAR
abbreviation for
(Life Sciences & Allied Applications / Physiology) visual aural range
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.var - a unit of electrical power in an AC circuit equal to the power dissipated when 1 volt produces a current of 1 ampere
power unit - a measure of electric power
kilovolt-ampere - a unit of electrical power equal to 1000 volt-amperes


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Topics include; evaluating equity options, interest rate stochastic models and their application to bond options, the basis of quantitative risk management, prudent rules for banks within the framework of the Basel II rules, and value at risk (VarR and TVaR) models and portfolio choices.
Faced with the unprecedented debacles of large financial institutions, the severe freezing of credit markets and huge losses of investors' pensions and investment portfolios, Manuel Russon's paper on measuring the Value at Risk (VaR) of an investment portfolio is timely and valuable.
Specifically, we apply multivariate stable distributions to value at risk (VaR) modeling during the period of economic turbulence known as the Asian Currency Crisis.
 
 
 
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