An oil goes into the wood; a varnish or a lacquer stays on top and forms a continuous, clear, hard film. It is the finish that protects best against liquids, knocks and household chemicals — the finish for floors, kitchens and joinery. In exchange, the touch is no longer that of bare wood, and a deep scratch is dealt with by rubbing down and recoating rather than locally.
Varnish or lacquer? In practice, the lacquer is the product of the floor and the professional — Mylac, optimised for spraying, also goes on with a synthetic brush — and the varnish is the product of the brush, Quick Dry Varnish Kitchen and Bathroom. The chemistry is shared: water-based, polyurethane or alkyd, non-yellowing, high clarity, and three sheens from dead matt to high gloss.
The preparation rule does not change from one product to the next: a perfectly smooth surface, sanded to 220 grit, the pores of oak and walnut filled with Cellulose Sanding Sealer if you want a glass-smooth surface. The detail is in the preparation guide.