Tívar, guð, Æsir, Vanir, höft og bönd, rögn, regin (Sankrit rach) and many other names for our gods and goddesses of the pantheon, polytheon, should be understood in context to the myths in which they occur.
We can see gods as presiding over the Laws of Nature, the flawless order of everything in the universe.

This perfection is in ginnungagap, the perfect orderliness, all possibilities.
This perfection is mirrored in universes. They are carbon copies of the perfect pattern inherent in ginnungagap.
Listen to pronunciation: Æsir, tívar, guð, Æsir, Vanir, höft og bönd, rögn, regin