Gönnung
treating yourself; celebrating an indulgence ('gönn dir' = treat yourself / good for you)
Origin
Nominalization of the old 'gönnen' (to wish someone well without envy) by adding the suffix '-ung'. Unlike the original verb, 'Gönnung' is no longer about others but about oneself - celebrating a luxury or a reward. The word was popularized in 2015 largely by rapper Money Boy and his 'Glo Up Dinero Gang' (among others via the track 'Beste Leben'); it placed third in the Austrian Jugendwort des Jahres.
Building blocks
Words in this expression
Examples
Neue Sneaker und ein — Gönnung!
New sneakers and an ice cream to go with — treat yourself!