* Schatz: This means "treasure" or "darling." It's a term of endearment, similar to "sweetheart" or "honey" in English.
* -lein: This is a diminutive suffix, meaning "little" or "small." It's often used to add a sense of affection or cuteness to a word.
Therefore, Schatzlein translates to "little treasure" or "little darling." It's a very affectionate term used for someone beloved, particularly a child, lover, or close friend.