This is the 11th most frequent Hungarian word.
van
"Van" means "is" or "exists" in English.
In this sentence, 'van' indicates the location of the car, expressing existence or placement.
Az autó piros színű, és a garázsban van.
The car is red and is in the garage.
In this context, 'van' is used in the negative form 'nincs' to express the absence of an object (bread).
A probléma az, hogy nálunk soha nincs elég kenyér, mert mindig elfogy.
The problem is that we never have enough bread, because it always runs out.
Here, 'van' expresses a state or characteristic related to Peter.