diff --git a/src/os_unix.c b/src/os_unix.c
index 1609bb8..a9fb3b5 100644
--- a/src/os_unix.c
+++ b/src/os_unix.c
@@ -4169,6 +4169,7 @@
     static char	envbuf_Lines[20];
     static char	envbuf_Columns[20];
     static char	envbuf_Colors[20];
+    static char	envbuf_Version[20];
 #  ifdef FEAT_CLIENTSERVER
     static char	envbuf_Servername[60];
 #  endif
@@ -4189,6 +4190,8 @@
     setenv("COLUMNS", (char *)envbuf, 1);
     sprintf((char *)envbuf, "%ld", colors);
     setenv("COLORS", (char *)envbuf, 1);
+    sprintf((char *)envbuf, "%ld",  get_vim_var_nr(VV_VERSION));
+    setenv("VIM_TERMINAL", (char *)envbuf, 1);
 #  ifdef FEAT_CLIENTSERVER
     setenv("VIM_SERVERNAME", serverName == NULL ? "" : (char *)serverName, 1);
 #  endif
@@ -4209,6 +4212,9 @@
     putenv(envbuf_Columns);
     vim_snprintf(envbuf_Colors, sizeof(envbuf_Colors), "COLORS=%ld", colors);
     putenv(envbuf_Colors);
+    vim_snprintf(envbuf_Version, sizeof(envbuf_Version), "VIM_TERMINAL=%ld",
+						   get_vim_var_nr(VV_VERSION));
+    putenv(envbuf_Version);
 #  ifdef FEAT_CLIENTSERVER
     vim_snprintf(envbuf_Servername, sizeof(envbuf_Servername),
 	    "VIM_SERVERNAME=%s", serverName == NULL ? "" : (char *)serverName);
diff --git a/src/os_win32.c b/src/os_win32.c
index 602ef8a..3b0291e 100644
--- a/src/os_win32.c
+++ b/src/os_win32.c
@@ -5275,25 +5275,43 @@
 	}
     }
 
-# ifdef FEAT_CLIENTSERVER
     if (is_terminal)
     {
+# ifdef FEAT_CLIENTSERVER
 	char_u	*servername = get_vim_var_str(VV_SEND_SERVER);
-	size_t	lval = STRLEN(servername);
-	size_t	n;
+	size_t	servername_len = STRLEN(servername);
+# endif
+	char_u	*version = get_vim_var_str(VV_VERSION);
+	size_t	version_len = STRLEN(version);
+	// size of "VIM_SERVERNAME=" and value,
+	// plus "VIM_TERMINAL=" and value,
+	// plus two terminating NULs
+	size_t	n = 0
+# ifdef FEAT_CLIENTSERVER
+		    + 15 + servername_len
+# endif
+		    + 13 + version_len + 2;
 
-	if (ga_grow(gap, (int)(14 + lval + 2)) == OK)
+	if (ga_grow(gap, (int)n) == OK)
 	{
+# ifdef FEAT_CLIENTSERVER
 	    for (n = 0; n < 15; n++)
 		*((WCHAR*)gap->ga_data + gap->ga_len++) =
 		    (WCHAR)"VIM_SERVERNAME="[n];
-	    for (n = 0; n < lval; n++)
+	    for (n = 0; n < servername_len; n++)
 		*((WCHAR*)gap->ga_data + gap->ga_len++) =
 		    (WCHAR)servername[n];
 	    *((WCHAR*)gap->ga_data + gap->ga_len++) = L'\0';
+# endif
+	    for (n = 0; n < 13; n++)
+		*((WCHAR*)gap->ga_data + gap->ga_len++) =
+		    (WCHAR)"VIM_TERMINAL="[n];
+	    for (n = 0; n < version_len; n++)
+		*((WCHAR*)gap->ga_data + gap->ga_len++) =
+		    (WCHAR)version[n];
+	    *((WCHAR*)gap->ga_data + gap->ga_len++) = L'\0';
 	}
     }
-# endif
 }
 
     void
diff --git a/src/testdir/test_terminal.vim b/src/testdir/test_terminal.vim
index 3d06eb3..c082b3b 100644
--- a/src/testdir/test_terminal.vim
+++ b/src/testdir/test_terminal.vim
@@ -482,18 +482,25 @@
   if !has('clientserver')
     return
   endif
+  call s:test_environment("VIM_SERVERNAME", v:servername)
+endfunc
+
+func Test_terminal_version()
+  call s:test_environment("VIM_TERMINAL", string(v:version))
+endfunc
+
+func s:test_environment(name, value)
   let buf = Run_shell_in_terminal({})
   " Wait for the shell to display a prompt
   call WaitForAssert({-> assert_notequal('', term_getline(buf, 1))})
   if has('win32')
-    call term_sendkeys(buf, "echo %VIM_SERVERNAME%\r")
+    call term_sendkeys(buf, "echo %" . a:name . "%\r")
   else
-    call term_sendkeys(buf, "echo $VIM_SERVERNAME\r")
+    call term_sendkeys(buf, "echo $" . a:name . "\r")
   endif
   call term_wait(buf)
   call Stop_shell_in_terminal(buf)
-  call WaitFor('getline(2) == v:servername')
-  call assert_equal(v:servername, getline(2))
+  call WaitForAssert({-> assert_equal(a:value, getline(2))})
 
   exe buf . 'bwipe'
   unlet buf
diff --git a/src/version.c b/src/version.c
index fc68f8e..770eea8 100644
--- a/src/version.c
+++ b/src/version.c
@@ -762,6 +762,8 @@
 static int included_patches[] =
 {   /* Add new patch number below this line */
 /**/
+    49,
+/**/
     48,
 /**/
     47,