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. butt money is when you stick your dollars in your butt crack before paying for stuff. usually butt money occurs when you are waitiing fo..
1. A saying commonly used in Hawaii, meant to exclaim surprise or excitement from an event or upon agreeing with a peers comment, usually s..
1. a girl who *blows* your mind away Kristen is my ego fluffer, she is constantly saying stupid shit that BLOWS my mind away See fluffer,..