Credit cards are revolving accounts, which means you can revolve a balance from month to month as part of the terms of the agreement. And even if you pay off the balance, the account stays open. A credit card with a zero balance (or a very low balance) and a high credit limit is very good for your credit score.
No-reserve auction. A No-reserve auction (NR), also known as an absolute auction, is an auction in which the item for sale will be sold regardless of price. From the seller's perspective, advertising an auction as having no reserve price can be desirable because it potentially attracts a greater number of bidders due to the possibility of a bargain.
Another issue a Seller has to consider before proceeding with an absolute auction is the customary costs of conveying property to a purchaser. In the case of real estate, it is possible that the bids may not exceed the taxes owed on the property and the costs of title insurance and other conveyance costs.elling with reserve can also mean the sale of the property is subject to a reserved minimum price. Selling with reserve can also mean that the seller, or another party with an interest in the property, reserves the right to bid on his/her own behalf or on behalf of a lienholder during the auction sale.