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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When a girl is giving a guy a handjob, and then smacks the top of his penis repeatedly as if getting katchup out of the bottom of a bott..
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the new form of douche-bag since companies dont make douches in bags anymore..
go to wal-greens and get me a douche-bottle... your dad ..
