PERPETUITY

perpetuity, sempiternity

(noun) the property of being perpetual (seemingly ceaseless)

Source: WordNet® 3.1

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Etymology

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, legal) 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.

Synonyms

• (quality or state of being perpetual): endlessness, eternity; see also endlessness or eternity

Source: Wiktionary

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Per`pe*tu"i*ty, n. Etym: [L. perpetuitas: cf. F. perpétuité.]

1. The quality or state of being perpetual; as, the perpetuity of laws. Bacon. A path to perpetuity of fame. Byron. The perpetuity of single emotion is insanity. I. Taylor.

2. Something that is perpetual. South.

3. Endless time. "And yet we should, for perpetuity, go hence in debt." Shak.

4. (Annuities) (a) The number of years in which the simple interest of any sum becomes equal to the principal. (b) The number of years' purchase to be given for an annuity to continue forever. (c) A perpetual annuity.

5. (Law) (a) Duration without limitations as to time. (b) The quality or condition of an estate by which it becomes inalienable, either perpetually or for a very long period; also, the estate itself so modified or perpetuated.

Source: Webster’s Unabridged Dictionary 1913 Edition

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