JavaScript 중첩 함수에서 `var that = this;`를 사용하는 이유는 무엇입니까?

function Somefunction(){
   var that = this; 
   ... 
}

var colours = ['red', 'green', 'blue'];
document.getElementById('element').addEventListener('click', function() {
    // this is a reference to the element clicked on

    var that = this;

    colours.forEach(function() {
        // this is undefined
        // that is a reference to the element clicked on
    });
});

$('#element').click(function(){
    // this is a reference to the element clicked on

    var that = this;

    $('.elements').each(function(){
        // this is a reference to the current element in the loop
        // that is still a reference to the element clicked on
    });
});