Federal mogul liquidating assets
An asset that is not performing well in the markets may also be partially or fully liquidated to minimize or avoid losses.
An investor who needs cash to fulfill other non-investment obligations, such as bill payments, vacation expenses, car purchase, tuition fees, etc. Financial advisors tasked with allocating assets to a portfolio usually consider, among other factors, why the investor wants to invest a certain amount of money and for how long s/he would like to invest for.
Federal Mogul established a research division in 1929, with the help of Battelle Memorial Institute.
In 1981, the company attempted to patent a process for curing rubber based on the mathematical equation written by Swedish chemist Svante Arrhenius in 1889.
Liquidate means to convert assets into cash or cash equivalents by selling them on the open market.