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. a city on the home planet of Forcel Cowhere the forcelusers often come to reload and stock up on weaponry and ammunition. Zyncess was a..
1. In the state of utter confusion. One who gets confused by watching flies. Absolute sexiness. He just ran into a wall and pantsed hims..
1. A situation, person or object that look OK at first but turns out to be something real bad. Look out for that chick, because she's..