Kreditrate

loan instalment

noun kreh-DEET-rah-teh Rare

Also means

monthly repayment

Usage Note

Kreditrate is the fixed monthly amount a borrower pays toward a loan, covering both principal (Tilgungsanteil) and interest (Zinsanteil). Missing a Kreditrate can trigger penalty charges.

Examples

"Die Kreditrate wird automatisch vom Konto abgebucht."

Natural Translation

The loan instalment is debited automatically from the account.

Literal Translation

The loan-instalment is automatically from-the account debited.

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