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.
Properties sold at auction have a reserve price and a guide price. The reserve price is the value below which the seller will not sell. The guide price is the value the auctioneer expects the property to fetch. In general much of this is an advertising gimmick to attract potential bidders through the door.or example, is it the norm at the point that you are buying for property to be selling at 10% below the asking price and for tenants to be negotiating 5% off the rental values. These are the real market figures.