Business GCSE
Retained Profit
What Retained Profit means in Business GCSE, as defined for Eduqas, OCR.
Definitions of Retained Profit
Exam boards and our study guides word this term in slightly different ways. Learn the version your board uses.
Profit kept within the business to fund future expansion rather than being paid out as dividends.
Profit kept within the business from previous years to reinvest in future activities.
Profit kept within the business from previous years to be reinvested.
Topics that use Retained Profit
- Finance (Eduqas GCSE)
- Finance (OCR GCSE)
- Sources of finance (OCR GCSE)
Related terms
Using Retained Profit in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
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