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.
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to respect someones accompishment
guy 1: "i got mad bittys yesterday"
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