die Sondertilgungen
Translation
special repayments, unscheduled repayments, additional principal payments
Examples
Sondertilgungen können die Kreditlaufzeit verkürzen.
Special repayments can shorten the loan term.
Der Vertrag erlaubt jährliche Sondertilgungen.
The contract allows for annual special repayments.
Grammar Patterns
to make special repayments Man kann einmal im Jahr Sondertilgungen leisten.
Similar Words
Synonyms: außerplanmäßige Tilgung (unscheduled repayment)
Etymology
Composed of 'Sonder-' (special) and 'Tilgungen' (repayments, amortizations), from the verb 'tilgen' (to pay off, to extinguish a debt).
Memory Tips
Think of it as a 'special' payment to 'extinguish' or 'kill' ('tilgen') your debt faster. It's a financial term.