Definition of VAR in English:

VAR

Pronunciation /ˌvēˌāˈär/ /ˌviˌeɪˈɑr/

noun

  • 1mass noun (in soccer) video assistant referee, a system whereby officials view video footage of important incidents during a game in order to advise the referee and correct any mistakes.

  • 2Value-added reseller, a company that adds extra features to products it has bought before selling them on.

  • 3Value at risk, a method of quantifying the risk of holding a financial asset.