Mahngebühr

late-payment reminder fee

noun MAHN-ge-buer Rare

Also means

dunning charge

Usage Note

Mahngebühr is the fee charged when a creditor sends a formal payment reminder (Mahnung). It differs from interest on arrears (Verzugszinsen); both can be claimed simultaneously under German civil law.

Examples

"Nach der zweiten Mahnung wurde eine Mahngebühr von fünf Euro berechnet."

Natural Translation

After the second reminder, a late-payment fee of five euros was charged.

Literal Translation

After the second reminder was a late-payment-fee of five euros calculated.

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