- VAR is defined as a value-added reseller, a company that adds something to an existing product to increase its value.
An example of a VAR is a company that assembles audio and video parts to create a home entertainment system.
- VAR is an abbreviation for Value at Risk, a financial term that is used to measure the risk of loss on a portfolio of investments.
An example of VaR is a 5% potential to lose $1 million dollars in a day without trading.
- value-added reseller
- or VaR value at risk
var - Computer Definition
A company that builds products or systems incorporating components or products that are manufactured by another company commonly referred to as an original equipment manufacturer (OEM). A manufacturer of laptop or tablet computers, for example, might incorporate an Ethernet network interface card (NIC), built by an OEM to its specifications.
(Value Added Reseller) An organization that adds value to a system and resells it. For example, it could purchase a CPU and peripherals from different vendors, graphics software from another and package it all together as a specialized CAD system. Although VARs typically repackage products, they might also include programs they have developed themselves. The terms VAR and ISV are often used interchangeably. See OEM, ISV and systems integrator.
Variant of var