die Lastschrift
Translation
direct debit, debit entry
Examples
Ich bezahle meine Miete per Lastschrift.
I pay my rent by direct debit.
Die Lastschrift wurde von meinem Konto abgebucht.
The direct debit was debited from my account.
Grammar Patterns
to pay sth. by direct debit Ich bezahle die Rechnung per Lastschrift.
Similar Words
Synonyms: Bankeinzug, Abbuchung; Antonym: Gutschrift
Etymology
From 'Last' (load, burden, debit) + 'Schrift' (writing, document). Literally a 'debit document'.
Memory Tips
Think of it as a 'written' (Schrift) instruction that places a 'load' or 'burden' (Last) on your account by taking money out.