additional payment
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additional payment
An amount of money that must be paid retroactively because the previous payments (e.g., for rent, electricity, taxes) were too low.
Nach der Nebenkostenabrechnung für das letzte Jahr müssen wir eine Nachzahlung von 200 Euro leisten.
After the utility cost statement for last year, we have to make an additional payment of 200 euros.
The word is made up of the prefix 'nach-' and the noun 'die Zahlung' (the payment). Here, 'nach-' means 'retroactively' or 'later'. So a 'Nachzahlung' (additional payment) is a payment that you have to make later.
Die Frist für die Nachzahlung ist Ende des Monats.
The deadline for the additional payment is the end of the month.
A 'Nachzahlung' (additional payment) is often demanded in connection with the annual statement for 'Strom' (electricity), 'Heizkosten' (heating costs), or 'Nebenkosten' (utility costs/additional costs). A 'Steuererklärung' (tax return) can also result in an additional payment.
Wir haben eine hohe Nachzahlung für den Stromverbrauch des letzten Jahres erhalten.
We received a high additional payment bill for last year's electricity consumption.
The person who has to pay must 'eine Nachzahlung leisten' (make an additional payment). The person or company demanding the money can 'eine Nachzahlung verlangen' or 'fordern' (demand/request an additional payment).
Der Vermieter hat eine Nachzahlung von 300 Euro gefordert.
The landlord demanded an additional payment of 300 euros.
refund
'Rückerstattung' and 'Nachzahlung' point in opposite directions when it comes to money. With a 'Rückerstattung', you get money back because you previously paid too much or paid for something you did not use. With a 'Nachzahlung', you have to pay more money later because the previous payments were too low. The words can be confused because both often appear in bills, contracts, or letters. Pay attention to the direction of the money: if money comes back to you, it is a 'Rückerstattung'. If you still have to pay money, it is a 'Nachzahlung'.
Wegen des hohen Stromverbrauchs muss die Familie eine Nachzahlung leisten.
Because of the high electricity consumption, the family has to make an additional payment.
In der E-Mail steht, dass die Rückerstattung innerhalb von fünf Tagen kommt.
The email says that the refund will arrive within five days.