We introduce a class of solitonlike entities in spinor three-component Bose-Einstein condensates. These entities generalize well-known solitons. For special values of coupling constants, the system considered is completely integrable and supports $N$ soliton solutions. The one-soliton solutions can be generalized to systems with different values of coupling constants. However, they no longer interact elastically. When two so-generalized solitons collide, a spin component oscillation is observed in both emerging entities. We propose to call these newfound entities oscillatons. They propagate without dispersion and retain their character after collisions. We derive an exact mathematical model for oscillatons and show that the well-known one-soliton solutions are a particular case.