pantti

Pantti is a general term in Finnish for a pledge, security deposit, or collateral given to guarantee the fulfillment of an obligation or to secure payment. The pantti serves as a safeguard for the creditor or service provider and is typically returned to the depositor at the end of the contractual relationship, provided all terms are met.

Pantti can take several forms, most commonly a cash deposit, but also a bank guarantee, a pledge of property, or returnable items. It is widely used in rental arrangements (for example, housing, equipment, or vehicles), in pawnbroking, and in service or rental agreements where the supplier seeks protection against damages, loss, or non-payment. In Nordic contexts some consumer sectors also employ pantti-like deposits for returnable packaging, such as beverage containers, where the pantti is refunded when the item is returned.

The terms for when pantti is retained or partially withheld vary by contract and applicable law. Deductions may cover damages beyond normal wear, missing items, or unpaid charges, and the remaining amount is returned to the depositor. In disputes, the contract, invoices, and local consumer protection rules govern how the pantti is handled and how refunds are calculated.

Etymology: pantti derives from Germanic and Swedish roots related to a pledge or security. It is distinct from broader guarantees (takuu) or loans; pantti specifically denotes a collateral or security deposit pledged to secure obligations.