die Verrechnung
Translation
offsetting, clearing, settlement, charging
Examples
Die Verrechnung der Kosten erfolgt monatlich.
The offsetting of costs is done monthly.
Bitte senden Sie die Ware zur Verrechnung.
Please send the goods for settlement.
Grammar Patterns
the ((Verrechnung)) of ((sth.)) the settlement of (sth.) The settlement of the debts was complicated.
to bring for ((Verrechnung)) to bring for settlement The travel expenses were brought for settlement.
Similar Words
Synonyms: Aufrechnung (offsetting), Abrechnung (settlement), Ausgleich (balancing)
Etymology
A noun derived from the verb 'verrechnen' (to offset). The '-ung' suffix forms a feminine noun indicating an action or result.
Memory Tips
If you know the verb 'verrechnen', this is simply its noun form. It refers to the act of settling accounts, common in business and finance.