SPONTANEOUS ASSETS Definition

Bookmark and Share

SPONTANEOUS ASSETS are assets that arise automatically, in the course of operating a company day-to-day, when a company purchases assets and they are delivered.

Learn new Accounting Terms

SALES ORDER, also known as SALES CONTRACT, is a contract by which buyer and seller agree to the terms and conditions of a sale.

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

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.