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
This noun comes from the verb 'verrechnen' (to offset, to clear). The suffix '-ung' creates a feminine noun that denotes an action or its result.
Memory Tips
This is the noun form of the verb 'verrechnen'. It's the process or act of clearing debts or charges against each other, often used in accounting.