This is the 4969th most frequent German word.
altersentlastungsbetrag
"Altersentlastungsbetrag" is a German tax relief amount granted to senior citizens based on age to reduce taxable income.
The term 'Altersentlastungsbetrag' refers to a specific tax term in Germany.
Der Altersentlastungsbetrag ist ein Steuerfreibetrag für Senioren in Deutschland.
The age relief amount is a tax allowance for seniors in Germany.
This usage of 'Altersentlastungsbetrag' indicates the criteria under which one can claim this allowance.
Man kann den Altersentlastungsbetrag nur nutzen, wenn man das entsprechende Alter erreicht hat.
You can only use the age relief amount if you have reached the required age.
The word 'Altersentlastungsbetrag' here illustrates the benefit it provides to eligible seniors.