perpetuity
English
Etymology
Borrowed from Old French perpetuité, ultimately from Latin perpetuitās.
Noun
perpetuity (countable and uncountable, plural perpetuities)
- (uncountable) The quality or state of being perpetual; endless duration; uninterrupted existence.
- (countable) Something that is perpetual.
- (countable, law) A limitation intended to be unalterable and of indefinite duration; a disposition of property which attempts to make it inalienable beyond certain limits fixed or conceived as being fixed by the general law.
- (countable, finance) An annuity in which the periodic payments begin on a fixed date and continue indefinitely.
Translations
the quality or state of being perpetual
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an annuity in which the periodic payments begin on a fixed date and continue indefinitely
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See also
perpetuity on Wikipedia.Wikipedia
Perpetuity in the Encyclopædia Britannica (11th edition, 1911)
References
- perpetuity in The Century Dictionary, New York, N.Y.: The Century Co., 1911.
- perpetuity in Webster’s Revised Unabridged Dictionary, G. & C. Merriam, 1913.