A term used to justify hilarious yet completely inappropriate and unacceptably abusive behaviour between friends, usually males.
Typically used by British people, specifically the upper classes and teenagers.
Boy 2: Oh, did you make sure he got home safely?
Boy 1: No, we stripped him naked, drew a massive dick on his back, shaved his pubes and left him in a cardboard box outside the police station, smiling and whistling the national anthem to himself.
Boy 2: Bants!!
Eton headmaster: You were representing our school on that debating trip chaps. We expected you to reflect its prestigious reputation as one of the most elite institutions in the country. Instead you trashed the hotel room, defaced the opposing school's minibus and were caught staggering around town in stolen tuxedos and party hats at 2am carrying a sheep. How on earth can you justify this?
Lad: It was mere bants sir.
Headmaster: Bants... as in banter? Very well then lads, off you go.
-Oooh! Great bants!
-I'll give those bants about a 6 out of 7!
-This gossip makes for a lovely bit of bants!
-I'm so bored, can anyone think of some bants?
-Well those bants are crap
-Now that's the kind of bants I invest in!
-I'm suffering from bants withdrawal symptoms
-There's usually no bants involved in funerals, but we'll go anyway.
-Uh oh, bad bants!