value at risk
Word Rarity
Uncommon
Frequency: Zipf frequency 4.79 in modern English
18
Scrabble Score
11
Letters
2
Syllables
10
Unique Chars
Meaning
noun
A widely used measure of the risk of loss on a specific portfolio of financial assets. For a given portfolio, probability and time horizon, VaR is a threshold value such that the probability that the mark-to-market loss on the portfolio over the given time horizon exceeds this value (assuming normal markets and no trading) is the given probability level.
Uncountable