The burning stash left behind when one is done taking a hit, the left over burning stash is then consumed by a buddy so that no weed is wasted.
Rahm: Yo, gimme the collateral when you are done taking the weed
John: Yeh, fasho, no need to waste weed.
John: Yeh, fasho, no need to waste weed.
by retspooL December 23, 2009
Get the collateral mug."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 January 4, 2008
Get the Friend Collateral mug.by the friendly farmer November 29, 2010
Get the collateral damage mug.a bullshit project they make you do at townsend harris high school that kills all your time and is absolutely useless.
by Lizbitch October 19, 2011
Get the collateral mug."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"
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 January 1, 2008
Get the Friend Collateral mug."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 January 4, 2008
Get the friend collateral mug.by daDebil February 29, 2004
Get the colateral damage mug.