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...
uk â us â. âº FINANCE an amount of debt that is owed on something such as a credit card, and that changes according to how much money people borrow and pay back regularly: In 2006, the average American household carried about $7,200 in revolving debt (mostly on credit cards) and $21,000 in total debt.