die Abwicklung
Translation
processing, handling, settlement, liquidation
Examples
Die Abwicklung des Vertrags dauerte lange.
The processing of the contract took a long time.
Die Firma steht vor der Abwicklung.
The company is facing liquidation.
Die finanzielle Abwicklung erfolgt über die Bank.
The financial settlement is handled by the bank.
Grammar Patterns
((processing/settlement)) ((of sth.)) the processing/settlement of something The settlement of the deal was complicated.
Similar Words
Synonyms: Bearbeitung, Durchführung, Liquidation; Antonyms: Aufbau, Gründung
Etymology
From 'ab-' (off, completion) + 'wickeln' (to wind, wrap) + '-ung' (noun suffix). The idea is of 'unwinding' or 'wrapping up' a process to its conclusion.
Memory Tips
Imagine 'wickeln' (winding) a ball of yarn. 'Abwickeln' is to unwind it completely, thus finishing or concluding a task.