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 is a loan with a predetermined spending limit that automatically renews as the debt is paid off. Credit cards are the most popular example of revolving credit. The lending institution (or card company) puts a cap on the loan amount â referred to as a credit limit â and allows the consumer to spend that amount on an as-needed basis.