das Bausparguthaben
Translation
building and loan savings balance, home loan savings credit
Examples
Mein Bausparguthaben wächst langsam.
My building and loan savings balance is growing slowly.
Das Guthaben wird für den Hausbau verwendet.
The balance is used for building the house.
Grammar Patterns
((das Bausparguthaben)) ((für et4 nutzen)) to use the building savings balance for sth. One can use the building savings balance to buy a house.
((über sein Bausparguthaben)) ((verfügen)) to have one's building savings balance at one's disposal After seven years, he can have his building savings balance at his disposal.
Similar Words
Etymology
A compound noun from `Bau` (building) + `sparen` (to save) + `Guthaben` (credit, balance). Literally 'building-saving-balance'.
Memory Tips
Think of it as the credit (`Guthaben`) you have from saving (`sparen`) for building (`Bau`).