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:
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1. Acronym for whatever you want it to mean...most commonly used is for What the Fuck?
1. But I thought the french fries were suppose..
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Line from the movie "Wedding Crashers" uttered by the legendary Christopher Walken. Can be used whenever someone fails to show..