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.
Phrase used by women to indicate that they have a date with someone other than you.
Bob: So, do you wanna go catch a movie tomorrow nig..