Decollateralize

What is Decollateralize?


1.

To remove an object from risk of repossession in the event of a loan default, by assigning another object as collateral to the loan amount in its place.

Sissy, I own my car free and clear, now that you have decollateralized it by making Dad's car collateral for your loan instead.


8

Random Words:

1. Someone who is acting like a complete arse, affectionate insult You crumb bum 2. Someone who isn't doing the work they're s..
1. When a man decides to wear a condom,during masterbation. generally performed when cleanliness is paramount. performing a gentlemans wa..
1. Spending time with someone online (virtually). Usually involves having a conversation through an instant messenger. Guy: I really enjo..