payout
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payout
The process in which an amount of money is handed over or transferred to a person or organization. This can refer to salaries, winnings, loans, or insurance benefits.
Die Auszahlung des Lottogewinns erfolgt in der nächsten Woche.
The payout of the lottery winnings will take place next week.
'Auszahlung' consists of the prefix 'aus-' (out) and the noun 'Zahlung' (payment). It describes a payment that goes 'out' from an institution (e.g., a bank or employer) to a person.
Die Auszahlung des Stipendiums erfolgt monatlich.
The scholarship payout takes place monthly.
The word is often combined with the type of money that is being paid out. Common combinations are 'die Auszahlung des Gehalts' (the payout of the salary), 'des Kredits' (of the loan), 'einer Prämie' (of a bonus), or 'des Gewinns' (of the winnings).
Er wartet noch auf die Auszahlung seiner Reisekosten.
He is still waiting for the payout of his travel expenses.
In sentences, 'Auszahlung' often appears with formal verbs such as 'beantragen' (to apply for), 'veranlassen' (to arrange/order), or 'erfolgen' (to take place).
Die Auszahlung muss vom Abteilungsleiter genehmigt werden.
The payout must be approved by the department head.
payment / pay
'Bezahlung' and 'Auszahlung' both have to do with money, but they look at different sides of the situation. 'Bezahlung' means that money is given for goods, a service, or work. So it is about paying as something given in return. 'Auszahlung' emphasizes that a specific amount of money is paid out or transferred to someone, for example a salary, winnings, or an insurance benefit. Learners may confuse the words because money flows in both cases. When someone pays for something, you usually say 'Bezahlung'; when someone receives money they are entitled to, you often say 'Auszahlung'.
Die Auszahlung des Gewinns erfolgt nächste Woche per Überweisung.
The payout of the winnings will be made next week by bank transfer.
Nach dem Gespräch klärt der Handwerker die Bezahlung mit dem Kunden.
After the conversation, the tradesman clarifies the payment with the customer.