Usually means: Potential loss in financial value.
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We found 9 dictionaries that define the word Value at Risk:

General (3 matching dictionaries)
  1. Value at Risk: Wiktionary
  2. value at risk: Dictionary.com
  3. Value-at-Risk, Value at Risk, Value at risk: Wikipedia, the Free Encyclopedia

Business (6 matching dictionaries)
  1. INVESTORWORDS (No longer online)
  2. Value-at-Risk: bizterms.net
  3. Value at risk: Moneyterms
  4. Value at Risk: Management Dictionary
  5. Comprehensive Financial (No longer online)
  6. BusinessDictionary.com (No longer online)

Definitions from Wiktionary (Value at Risk)

noun:  (finance, banking) A widely used measure of the risk of loss on a specific portfolio of financial assets. For a given portfolio, probability and time horizon, VaR is a threshold value such that the probability that the mark-to-market loss on the portfolio over the given time horizon exceeds this value (assuming normal markets and no trading) is the given probability level.

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