What is Decollateralize?
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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.
Random Words:
1.
*Pronounced Day-gone*
Used in the south, this expression can be said for three circumstances:
1) When something is definetly true, cor..
1.
The guy who goes on Urban Dictionary, finds his favorite band, and instantly adds a definition citing something ridiculous like "th..
