1 definition by Kamloops own Celeb

1.) To give up or relinquish ones position from a particular point of view
2.) To concede or relinquish ones gross or position in an unbuyable financial contract
in order to get the financial contract approved, the financial services manager used a givature amount up to the bank in order to meet the finacial conditions of the contract setforth.
by Kamloops own Celeb November 11, 2012
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