Nomen

das Bußgeld

fine, penalty charge

Das Bußgeld für Falschparken ist hoch.

The fine for illegal parking is high.

Er muss mit hohen Bußgeldern rechnen.

He has to expect high fines.

to pay a fine Er muss ein Bußgeld zahlen.

to get a fine/ticket Sie hat ein Bußgeld bekommen.

die Geldstrafe (monetary fine), die Strafe (punishment)

A compound of 'Buße' (penance, fine) and 'Geld' (money). Literally 'penance money'.

Break it down into its parts: 'Buße' (fine) + 'Geld' (money). It's the money you pay as a fine.

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