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.
Random Words:
1.
The day the welfare checks come out and a good ass song by bone thugs and harmony
shit nigga its the 1st of the month timed to get paid..
1.
The stank of a bedroom (usually), after some hardcore intercourse with the opposite sex.
This bathroom smells like yiddebackwolftitty.
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1.
Excuse for the most embarrasing acts one can do. Often ends with: at the time of the fight, mooning, streaking, gay orgy, party, chumba ..