das Mahnverfahren, –
dunning procedure
The German word "Mahnverfahren" is a noun that means "dunning procedure" or "reminder procedure." It is made up of two components: "Mahnung," which means "reminder" or "dunning," and "Verfahren," which means "procedure" or "process."
"Mahnverfahren" specifically refers to the legal process used to recover unpaid debts, often involving formal reminders and court procedures.
Similar terms in German include "Zahlungsaufforderung" (payment request) and "Inkassoverfahren" (debt collection procedure).
Difference:
- While "Mahnverfahren" typically refers to the formal legal process for debt collection that may lead to court involvement, "Zahlungsaufforderung" is more general and can refer to any request for payment, informal or formal, without any legal connotations. "Inkassoverfahren," on the other hand, is often associated specifically with professional debt collection agencies rather than the legal process initiated by creditors.
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Examples
Das Mahnverfahren hilft bei unbezahlten Rechnungen.noun
The dunning procedure helps with unpaid invoices.
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