equity value at risk (EVAR)
A less-commonly used synonym for value at risk. The quantity by which the assumed market value, or portfolio value, of an institution's equity is projected to decline in the event of an adverse change in prevailing interest rates. One measure of an institution's exposure to adverse consequences from changes in prevailing interest rates.
See earnings at risk for an alternative measure. American Banker Glossary

Financial and business terms. 2012.

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