PERPETUITY — Definition of PERPETUITY
noun
1
The quality or state of being perpetual; endless duration; uninterrupted existence.
2
Something that is perpetual.
3
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.
4
An annuity in which the periodic payments begin on a fixed date and continue indefinitely.
📚 Source: en.wiktionary.org/wiki/perpetuity
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