1 definition by Robdar102

"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 6, 2007
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