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...
What Is Sovereign Debt? Definition: Sovereign debt is how much a country's government owes. It means the same thing as national debt, country debt or government debt because the word sovereign also means national government. It often refers to how much the country owes to outside creditors, which is why it is often used interchangeably with public debt. Sovereign debt is an accumulation of a government's annual deficits. Therefore, it shows how much more a government spends than it receives in revenue over time. Governments usually finance their debt through bonds, such as U.S. Treasury notes. These bonds have terms from three months to 30 years.