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. A super popular slang term for needles that drug users use to inject their drugs with. Hey, I really need to get a fix, got any clean r..
1. 1) Phrase whose meaning could be paraphrased as: "stop being a fucking pussy and act like you have a fucking pair of balls" (o..
1. Electect means to procrastinate from something by doing nothing. Electect, man! That paper isn't due for another week. See Sarah..