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.
A guitar. Pronounced (GIT-fiddle)
Wow man, you play a mean guit-fiddle!
See guitar, guit-fiddle, axe, electric guitar, banjo..
