Abschlag
Abschlag is a German noun (feminine) with several related but distinct meanings. In finance and business it most commonly denotes a partial payment made before the full amount is due. An Abschlagszahlung is an installment paid during the course of a project or service contract, for example in construction, public procurement, or ongoing maintenance arrangements. An accompanying Ab-schlagsrechnung is the interim invoice that requests such partial payments and is typically linked to project milestones or time-based milestones. The remaining balance is settled in a final Rechnung after completion.
In sports, especially golf, Abschlag refers to the initial stroke from the tee that starts play on
There are other, rarer uses of the term in historical or regional language, where Abschlag can mean
Etymologically, Abschlag derives from the verb abschlagen, meaning to strike off or cut away, reflecting the
Examples: In a construction contract, the client makes an Abschlagszahlung after the foundation is completed; the