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Business Terms AQA As Level Exam Questions And Answers Verified 100% Correct
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---19May 20252024/2025A+
- Business Terms AQA As Level Exam Questions 
And Answers Verified 100% Correct 
Bank loan - ANSWER A fixed amount loan from a bank which is 
generally used to finance long-term assets 
Bank overdraft - ANSWER Borrowings from a bank on a current 
account which are payable on demand 
Break even point - ANSWER The point at which the total sales of a 
business equal total costs - the business is making neither a profit 
nor a loss 
Business plan - ANSWER A detailed description of a new or existing 
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