Novel methods of synthesis of spiro acyloxyphosphoranes are described emphasizing the significance of the first isolated instance of these new species. Then, the no-catalyst alternating copolymerizations of the combinations of cyclic phosphorus(III) compounds (serving as nucleophilic monomer, MN) with acrylic acid derivatives and with α-keto acids (electrophilic monomer, ME) are mentioned. These copolymerizations proceed without added initiator. Spiro oxyphosphoranes play an important role in the copolymerization scheme in the equilibrium with the+MN- ME−zwitterion, the key intermediate of the copolymerization. Finally, new reactions of spiro acyloxyphosphoranes with nucleophiles, alcoholysis and aminolysis polymerizations are presented.