PERPETUITY


Meaning of PERPETUITY in English

ˌpər]pəˈtüəd.ē, ˌpə̄], ˌpəi], ]pə.ˈtyü-, -üətē, -i noun

( -es )

Etymology: Middle English perpetuite, from Middle French perpetuité, from Latin perpetuitat-, perpetuitas, from perpetuus continuous, perpetual + -itat-, -itas -ity — more at perpetual

1. : endless time : eternity

so lost to perpetuity — John Milton

his companions are playing for perpetuity — Sacheverell Sitwell

2. : the quality or state of being perpetual

a path to perpetuity of fame — Lord Byron

— often used with in

bequeathed them to the nation in perpetuity — S.P.B.Mais

3.

a. : duration without limitations as to time

b. : the condition of an estate limited so that it will not take effect or vest within the period fixed by law or so limited as to be or have a possibility of being inalienable either perpetually or beyond the bounds fixed by law

c. : an estate so limited — see rule against perpetuities

4.

a. : a perpetual annuity

b. : the number of years in which simple interest equals the principal

c. : the number of years' purchase to be given for an annuity to continue forever

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.