The key word associated with the Oculus acquisition is âvalidation.â When Facebook â and more importantly CEO Mark Zuckerberg â shelled out $2 billion for a virtual reality startup, developers and investors who were hopeful the VR industry would take shape were suddenly convinced of it.
Revolving debt is a type of debt that changes from month to month as people make purchases and payments on a credit card. While...
Revolving Credit. Revolving credit is a line of credit that individuals and corporations can take out from a lending institution to be used as needed over a period of time. A line of credit varies in the total amount that is made available to the consumer, but is flexible in how much is borrowed and how often.evolving credit is an open-ended credit line. There is not a set monthly payment, and the length of the credit is ongoing. A loan is also known as a close-ended credit option. This means that the loan is a fixed amount, has a set time period for payoff and specifies monthly payment amounts.