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 Debt Explained. Revolving debt is the kind of debt that credit cards offer and is usually an easy way to get credit. It can be a useful tool when used with discipline. Revolving debt is slightly complicated compared with a typical loan.There is no need to reapply for credit whenever you need more money.ertain lending products are usually revolving debts. For example, credit cards, home equity lines of credit and overdraft protection for checking accounts. Home equity lines of credit usually come with a variable interest rate, which means that the interest rate can change.