ALLONGE Definition

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ALLONGE is a piece of paper attached to a negotiable instrument to allow space for writing endorsements.

Learn new Accounting Terms

CHECKING ACCOUNT is an account at a bank or savings and loan from which an individual can withdraw money by check, ATM card or debit card.

ACCOUNTING is primarily a system of measurement and reporting of economic events based upon the accounting equation for the purpose of decision making. Generally, when someone says "accounting" they are referring to the department, activity or individuals involved in the application of the accounting equation.

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