noun

die Sparkasse, -n

savings bank

Eine öffentliche Bank, die Menschen in einer Region hilft, ihr Geld sicher zu verwalten und einfache Finanzdienste anzubieten.

The German word "Sparkasse" is a compound noun made up of:

  • Spar – from "sparen", meaning "to save"
  • Kasse – meaning "cashier" or "bank"

Sparkasse refers to a savings bank, a type of financial institution focused on savings accounts and providing banking services, often with a public or community-oriented background.

Similar words:

  • Bank (general bank)
  • Volksbank (people’s bank, cooperative bank)
  • Genossenschaftsbank (cooperative bank)

Difference:
While Sparkasse specifically focuses on savings and local community service, Bank is a broader term for any banking institution, and Volksbank or Genossenschaftsbank are member-owned cooperative banks with a communal focus.

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Examples

Ich habe mein Geld bei der Sparkasse.noun

I have my money at the savings bank.

Die Sparkasse hat heute geöffnet.noun

The savings bank is open today.

Vor der Sparkasse wartet eine lange Schlange.noun

A long line is waiting in front of the savings bank.

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