She had never felt she was putting anything of great value at risk.

The risk of losses is tallied by the bank using a so-called value at risk (VaR) calculation.

What kinds of discussions took place between boards and management on portfolio diversification and " value at risk"?

Just about every firm on Wall Street still uses a measure known as value at risk or VaR to quantify possible losses.

Since Montreal is an island, global warming is putting waterfront homes and their values at risk.

Most banks then calculate how much that could change based on volatility statistics, a measure known as Value at Risk.

The group believes the harbour is under threat from silt and unmanaged mangrove expansion, also putting navigation and amenity values at risk.

Value at risk indicates the firm's biggest possible loss in a single day for 95 percent of the trading days in the quarter.

Value at Risk measures the potential loss in value a bank might face in any one day from its trading positions in commodities.