Nomen

die Niederlassung

branch, subsidiary, establishment, settlement

Die Bank hat eine neue Niederlassung eröffnet.

The bank has opened a new branch.

Unsere Firma hat Niederlassungen in vielen Ländern.

Our company has branches in many countries.

to open a branch ((in a place)) eine Niederlassung ((in+3)) ... eröffnen The company is opening a branch in Berlin.

Synonyms: branch (Zweigstelle), subsidiary (Filiale), office (Geschäftsstelle)

From 'nieder' (down, low) + 'lassen' (to let, leave) + '-ung' (noun suffix). Literally a 'settling down' or establishing a place.

Imagine a company 'letting down' (nieder-lassen) its anchor in a new city to open a branch.

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