Business GCSE
Fixed versus variable borrowing
What Fixed versus variable borrowing means in Business GCSE, as defined for AQA.
Definition of Fixed versus variable borrowing
Check what you remember
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Reference: AQA
Variable-rate loans move with the base rate, while fixed-rate loans stay constant until the fixed period ends.
Topics that use Fixed versus variable borrowing
- The economic climate on businesses (AQA GCSE)
Related terms
- Business investment decisions
- Cash flow and profit
- Confidence and debt levels
- Consumer spending
- Disposable Income
- Economic Climate
- Inferior goods
- Interest rates
Using Fixed versus variable borrowing in the exam
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