Glossary

• ABC
• DEF
• GHI
• JKL
• MNO
• PQR
• STU
• VWX
• YZ

• V

V

Value at Risk

Value at Risk (VaR) is one technique used to analyze risk. It is an analytical indicator that measures the potential for losses on currently held assets based on the trend in their fair value.

Voluntary Automobile Insurance

Insurance that covers losses incurred in the ownership, use, and management of automobiles, including traffic accidents.