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.
Whatever portion remains after the free allocation and allocation to the reserve is put up for auction, with the proceeds going to the state for future budget needs. These reserve allowances are available to be purchased from the state beginning in 2013 at predetermined prices of $40, $45 and $50 per ton (EPRI 2013).The prices of reserve allowances are set to increase by 5% per year plus inflation and provide an important backstop option if allowance prices in the system spike.2 THE FUTURE OF ELECTRICITY PRICES IN CALIFORNIA, 2013 As a result of the auction process, electricity suppliers generally submit bid prices that are equal to their operating costs 6 and the price of electricity in the wholesale market ends up being driven entirely by the operating costs of the marginal generator.