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.
Senior Member NGF Addict! If a bid is under the reserve price on any site that I know of then when the auction ends the item isn't sold. That's the way it works on Gunauction and Bunbroker. That's the reason for the reserve price so that the seller won't end up selling for what his bottom line is for the item. It works that way on e-bay too.