ALLONGE Definition

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

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WORK-OF-ART is a product of one of the fine arts; especially a painting or sculpture of artistic merit.

GOING CONCERN CONCEPT is the underlying assumption that any accountant makes when he prepares a set of accounts. That the business under consideration will remain in existence for the foreseeable future.

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