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“Er hat hohe Geldschulden.”
He has high monetary debts.
Debts consisting of money owed to creditors, typically in a financial or legal context.
Die Geldschulden müssen innerhalb von drei Monaten beglichen werden.
The monetary debts must be settled within three months.
Sie hat ihre Geldschulden durch einen Kredit abgelöst.
She settled her monetary debts through a loan.
Often used in contracts, legal documents, or financial contexts to refer to debts that are not tied to specific goods or services.
'Geldschulden' specifically refers to monetary debts, while 'Schulden' is a broader term that can include any type of debt (e.g., service-based or goods-based). For example, 'Schulden bei einem Handwerker' (debts to a craftsman) would not necessarily be 'Geldschulden'.
In legal documents, 'Geldschulden' is often used to specify that the debt is repayable in monetary form, not in goods or services.
Compound of 'Geld' (money) and 'Schulden' (debts). 'Geld' derives from Middle High German 'gelt', from Old High German 'gelt', related to Old English 'gield' (payment, sacrifice). 'Schulden' comes from Middle High German 'schulde', from Old High German 'sculd' (debt, guilt), linked to the verb 'schulden' (to owe).
The term is typically used in formal contexts such as legal, financial, or business settings. It emphasizes the monetary aspect of the debt, distinguishing it from other types of obligations (e.g., service-based debts).