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 charge. A revolving charge refers to a type of credit in which the amount owed and the length of time it is owed are variable. A credit card is a financial instrument that offers revolving charges. Users can charge any amount up to their credit limit, and the lender does not require the full amount to be paid immediately -- the charges revolve at the end of the billing period.