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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

a
hole.
The
term
can
also
denote
the
teeing
ground
itself,
the
area
from
which
the
drive
is
played.
In
this
sense,
Abschlag
emphasizes
the
act
of
striking
the
ball
away
to
begin
the
hole.
a
reduction
or
deduction
in
charges
or
prices.
In
contemporary
standard
usage
these
senses
are
uncommon,
and
phrases
such
as
Preisnachlass,
Rabatt,
or
Skonto
are
more
typical
for
indicating
a
price
reduction.
sense
of
moving
a
portion
of
payment
or
starting
a
stroke.
The
form
Abschläge
appears
in
plural
when
referring
to
multiple
partial
payments
or
multiple
strokes
in
golf.
final
settlement
follows
with
the
rest
of
the
amount.
In
golf,
a
good
Abschlag
sets
up
the
next
play
from
the
tee.