Nomen

die Niederlassung

branch, subsidiary, office, 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) + 'lassen' (to let) + '-ung' (noun suffix). It signifies a place where something is 'let down' or established.

Think of a business 'settling down' (sich niederlassen) in a new location, creating a Niederlassung.

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