staðgreiðsla

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Icelandic[edit]

Etymology[edit]

Literally "payment on the spot", from staðgreiða.

Noun[edit]

staðgreiðsla f

  1. a withholding (the deduction of taxes from an employee's salary, which is immediately paid to the government)
  2. an immediate payment (a payment with cash or a debit card, as opposed to with a credit card which delays payment)
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