WORKING ASSET STATEMENT Definition

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WORKING ASSET STATEMENT is a net worth statement minus any personal assets, the car, house, boat, etc. A working asset statement will give a clear picture of an individuals invested assets.

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MARKET RISK is the risk of price fluctuations resulting from general market conditions such as changes in the level of interest rates.

FINANCIAL REPORTING RELEASE (FRR), in the U.S., is the policy releases and pronouncements from the SEC (Securities and Exchange Commission).

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