What is an equipment deposit in sports? is it some kind of deposit of money thats kept for the whole season in case the equipment is damaged or lost so that they make sure you pay for the damage and the actual rental fee is included in the registration price? Or is it basically just a fee to use the equipment? I remember for skiing visits, they would charge a rental price, then take a deposit that would be refunded once you return your equipment.
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It’s for several things, it can cover damage but often enough you will be responsible for any damage on sports equipment. For skiing specifically, it’s to make sure you actually return the skiis, they take a deposit so just in case you run off with the skiis they have recouped some of their loss. Because rental skis are often older and used heavily the deposit typically covers the the value of the skiis.
It’s a fee to insure that the borrowed equipment is returned and returned in same condition as when rented. Like you said, when the equipment is returned, you get the deposit back. But if you decided to steal the skis or returned them broken in two, it’s a way to guarantee you pay for their loss.
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