Interesting you have not seen varnish listed as a finish as I’ve seen it discussed plenty. There are many types of varnish which might be referenced by other terms, the most used probably being “poly” for polyurethane varnish. Non-poly varnish is just about extinct. Some argue “urethane” varnishes are very different from “polyurethane” varnishes, but in my experience and research the end result is indiscernible. A long time ago shellac was referred to as “spirit varnish” and occasionally still is. Waterbased varnish is quite a bit different from solvent or oil based varnish. As wb finishes came into existence mfr called them by the same names as the solvent based finishes there were to replace, poly and lacquer being the most used. This has really confused understanding finishes.
There are 2 general types of varnishes, interior (short or less oil) and exterior (long or more oil). Usually only exterior will have uv inhibitors added. Exterior is more a more flexible but softer finish.
The only issue with exotics relates to adhesion of the finish. The natural oils in some exotics can play havoc with adhesion of finishes. Wiping the surface with dna just before applying the finish is the best attempt to overcome it.
WB finishes have a lot of +’s but a huge negative for me is that none of them create chatoyance, or “cat’s eye” effect. Solvent finishes like varnish, lacquer, and shellac do. I use a lot of wipe on solvent poly on turnings. Steve Sinner has used exterior poly, minwax helmsmsn, on most of his gallery level turnings.