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. An all of a sudden nonstop jerk that is caused by something or someone funny and can often lead to seizure. "Omg shes having a lau..
1. Person in a little car, usually a Honda Civic, who drives unnecessarily fast, often weaving in and out of traffic. "Look at that F..
1. girls at hollins college in roanoke, virginia damn look at that hollie collie dollie's pearls!..