Top Definition
"Borrowing" someones possesions at a sleepover or get-together and then keeping the item for a long period of time in hopes to remain friends with the group the item was "borrowed" from.
Jake is holding Henry's Zelda: Twighlight Princess for randsom in hopes to remain friends with the group, talk about friend collateral.
by Robert Segrin December 12, 2007

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"Borrowing" someones possesions at a sleepover or get-together and then keeping the item for a long period of time in hopes to remain friends with the group the item was "borrowed" from.
Jake is holding Henry's Zelda: Twighlight Princess for randsom in hopes to remain friends with the group, talk about friend collateral
by Robert Segrin December 12, 2007

The Urban Dictionary Mug

Lotsa space for your liquids.

Buy the mug

The Urban Dictionary Mug

Lotsa space for your liquids.

Buy the mug

The Urban Dictionary Mug

Your favorite word on a white mug.

Create a mug

The Urban Dictionary Mug

One side has the word, one side has the definition. Microwave and dishwasher safe. Lotsa space for your liquids.

Buy the mug

The Urban Dictionary T-Shirt

Soft and offensive. Just like you.

Buy the t-shirt

The Urban Dictionary T-Shirt

Smooth, soft, slim fit American Apparel shirt. Custom printed. 100% fine jersey cotton, except for heather grey (90% cotton).

Buy the t-shirt
"Borrowing" a persons possession during a get together or sleepover, and then holding it randsom so they still remain friends with said "borrower".
Henry: "Hey Jake could I have my Zelda:Twilight Princess back, I think I left it at your house last week".
Jake: "Sure, I'll bring it in tommorow"
3 weeks later......
Henry: "Hey thanks,Mike, for selling me your Zelda:Twilight Princess for 20 bucks".
Jake: "Wait, you wanted that back? Why didn't you ask"?
Henry: "..............damn friend collateral"
by Robdar102 December 06, 2007

The Urban Dictionary Mug

Lotsa space for your liquids.

Buy the mug

The Urban Dictionary Mug

Lotsa space for your liquids.

Buy the mug

The Urban Dictionary Mug

Your favorite word on a white mug.

Create a mug

The Urban Dictionary Mug

One side has the word, one side has the definition. Microwave and dishwasher safe. Lotsa space for your liquids.

Buy the mug

The Urban Dictionary T-Shirt

Soft and offensive. Just like you.

Buy the t-shirt

The Urban Dictionary T-Shirt

Smooth, soft, slim fit American Apparel shirt. Custom printed. 100% fine jersey cotton, except for heather grey (90% cotton).

Buy the t-shirt