The word is used to decribe "money"
Generally, money owed, or not large sums,
used in the context of getting money which
a large group of people owe, like a meal, or people buying a present in a group.
when someone smacks something out of your hand. normally a lit cigarette. and then the person who hit it out of your hand maystomp the cigarette out.
when you spondoolie someone, that object now belong to you.
Person #1: "casually talking while smoking a cigarette"
Person #2: "comes up and smacks it out of there hand and yells spondoolie"
Everyone else: laughs at your expense