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. Modifying an exsisting loan to better terms/lower payments. Currently loan mods are a way for a borrower of a home loan to negotiate th..
1. Legal age for fucking in the UK. 1. Woohoo! I'm 16! Now I can go and get my brains fucked even more by some guy. 2. Shit, now I c..
1. Known to the residential teens as "killa downs", voted best neighborhood in York County 3 years runnin. Its No rimmed basketba..