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.
effort / expense
In accounting, Aufwand refers to the value of goods or services allocated to a particular accounting period. Auszahlung, on the other hand, refers to the actual process of handing or transferring money to someone. The same transaction can therefore be an expense, a payout, or both.
Die Auszahlung für die Dienstleistung erfolgte erst im Januar.
The payment for the service was not made until January.
Die im Dezember genutzte Dienstleistung wird als Aufwand dieser Abrechnungsperiode erfasst.
The service used in December is recorded as an expense for that accounting period.
