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...
Revolving Accounts. A revolving account allows you to borrow an amount up to a specific limit. For example, if you have a credit card with a $5,000 limit, you can borrow any amount up to $5,000. The payment amount on a revolving account varies depending on how much you borrow.redit cards offer an example of a revolving account. Comstock/Comstock/Getty Images. Installment and revolving accounts are two different types of accounts involving credit. Though similar, there are some important differences between the ways these accounts work and how they impact your financial life.