Collateral

Giving up something of value to you to prove that you give your word to the other person.

Person 1: Yo meet me downtown at 5pm!
Person 2: Alright man ill be there!
Person 1: Yo gimmie your ipod for collateral!

by xsaxisx October 5, 2006

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Collateral Laughage

-noun
1. Invoking laughter on an unintended person.

Guy one: "Dude, what are you laughing at?"

Guy two: "I oversaw on this dudes computer, Two Girls One Cup video"

Guy one: "That's not cool, man!"

Guy two: "No man, the dude's reaction! Caused major collateral laughage man!"

by Padenormous February 27, 2011

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Collateral Clout

Clout gained via the collateral damage of social media posts you’re tagged in

Yo tag me in that story, I look fire. I’m trying to get some collateral clout!

by ZUBS@$!@ December 11, 2019

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Gossip Collateral

When two friends both know so many of each others' secrets that they both know neither one of them will tell, or the other one will tell in revenge. For example: Friend A knows X about friend B, and friend B knows Y about friend A. Therefore, if friend A reveals X, friend B may reveal Y, and vice versa. Thus, the security of their respective secrets is mutually guaranteed. Generally, the secrets in question are of equal or near-equal magnitude. For instance, cheating on a partner might be equivalent to a well-hidden drug habit or closet bulimia, whereas a crush would be a lower magnitude.

Becca told Rachel about her secret crush, and didn't have to worry about her telling, because she had Rachel's secret crush as gossip collateral.

by Amarantha September 1, 2010

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