hyvittäminen

Hyvittäminen is a Finnish term meaning the act of making good or compensating for a fault, harm, or shortcoming. The word covers both the process and the result of remedial action and can refer to monetary compensation as well as non-monetary remedies such as repairs, replacements, or service adjustments. The related verb hyvittää means to compensate, to make amends, or to rectify.

In legal and contract contexts, hyvittäminen denotes the remedy arranged for a breach, defect, or damage. This may take the form of a payment, a refund, a discount, reimbursement of costs, or the repair or replacement of goods or services. In consumer protection and commercial practice, providers may offer hyvittäminen to restore the value of a transaction when expectations are not met or when a fault occurs.

In accounting and business exchanges, hyvittäminen can also involve crediting a customer’s account or issuing a credit note (hyvitys) that reduces charges or creates a future entitlement. The term emphasizes the action of offsetting harm or adjusting a transaction to reflect fairness.

Hyvittäminen is closely related to korvaus (compensation), hyvitys (credit or compensation), and korjaus (repair). The exact meaning depends on the context, particularly whether the focus is on the remedy itself, the value of the remedy, or the act of providing it. See also consumer rights, contract law, and commercial practice for related guidelines.