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. Elleia ( pronounced : el-e-ah) This is a name meaning ( elf, maiden, fairy) derived from the name Ella This word is the definition of..
1. a person, place or thing that wastes your time without your permission. "don't answer your phone when he calls, he is a total..
1. A name givin for the game Halo somthing Noobiesor kids like to call it to sound cool. "Getz on haloz son and get pwond!"..