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.
To punch Bon Jovi in the face.
"Bon Jovi, you just got jovi punched!"
See jovi, bon jovi, jovi punched, bon, punch..