per·pe·tu·i·ty /ˌpər-pə-'tü-ə-tē, -'tyü-/ n pl -ties
1: the quality, state, or duration of being perpetual
devised to them in perpetuity
2 a: the condition of a future estate limited in such a way as not to vest within the period fixed by law for the vesting of an estate; also: a limitation that gives rise to such a situation
b: an estate that will not vest within the period fixed by law see also rule against perpetuities, statutory rule against perpetuities
3: an annuity payable forever

Merriam-Webster’s Dictionary of Law. . 1996.

I noun boundlessness, ceaselessness, constancy, constant progression, continualness, continuance, continuation, continued existence, continuous time, continuousness, endless duration, endless time, endlessness, eternalness, eternity, everlasting, forever, incessancy, indefiniteness, infinite duration, infiniteness, infinity, interminability, never-endingness, perenniality, permanence, perpetualness, perpetuation, perpetuitas, time without end, timelessness, unintermitted continuance, uninterrupted existence, uninterruptedness associated concepts: after-born children, in perpetuity, lives in being, period of perpetuities, restraint on alienation, rule against perpetuities II index continuity, indestructibility

Burton's Legal Thesaurus. . 2006

(1) Something that lasts forever; the condition of lasting forever.
(2) A restriction on property that makes it impossible to transfer forever, or for a period beyond that allowed by law; an estate with such a restriction on it.
See also rule against perpetuities

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

Forever. (See also: rule against perpetuities)
Category: Wills, Trusts & Estates

Nolo’s Plain-English Law Dictionary. . 2009.

=>> in perpetuity.

Webster's New World Law Dictionary. . 2000.

   See also: in perpetuity rule against perpetuities

Law dictionary. . 2013.

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Look at other dictionaries:

  • Perpetuity — Per pe*tu i*ty, n. [L. perpetuitas: cf. F. perp[ e]tuit[ e].] 1. The quality or state of being perpetual; as, the perpetuity of laws. Bacon. [1913 Webster] A path to perpetuity of fame. Byron. [1913 Webster] The perpetuity of single emotion is… …   The Collaborative International Dictionary of English

  • perpetuity — ► NOUN (pl. perpetuities) 1) the state or quality of lasting forever. 2) a bond or other security with no fixed maturity date. ● in (or for) perpetuity Cf. ↑in perpetuity …   English terms dictionary

  • perpetuity — [pʉr΄pə to͞o′ə tē, pʉr΄pətyo͞o′ə tē] n. pl. perpetuities [ME perpetuite < OFr perpetuité < L perpetuitas] 1. the state or quality of being perpetual 2. something perpetual, as an annuity or pension to be paid indefinitely or, often specif …   English World dictionary

  • Perpetuity — A perpetuity is an annuity that has no definite end, or a stream of cash payments that continues forever. There are few actual perpetuities in existence (although the British government has issued them in the past, and they are known and still… …   Wikipedia

  • Perpetuity — A constant stream of identical cash flows without end, such as a British consol. The New York Times Financial Glossary * * * perpetuity per‧pe‧tu‧i‧ty [ˌpɜːpˈtjuːti ǁ ˌpɜːrpˈtuː ] noun in perpetuity LAW for all future time: • The contract… …   Financial and business terms

  • perpetuity — A constant stream of identical cash flows without end, such as a British consol. Bloomberg Financial Dictionary * * * perpetuity per‧pe‧tu‧i‧ty [ˌpɜːpˈtjuːti ǁ ˌpɜːrpˈtuː ] noun in perpetuity LAW for all future time: • The contract allows them …   Financial and business terms

  • Perpetuity — (Roget s Thesaurus) >Endless duration. < N PARAG:Perpetuity >N GRP: N 1 Sgm: N 1 perpetuity perpetuity eternity everness aye sempiternity immortality athanasia Sgm: N 1 interminability interminability agelessness everlastingness …   English dictionary for students

  • Perpetuity — A constant stream of identical cash flows with no end. The formula for determining the present value of a perpetuity is as follows: This is not as abstract a concept as you may think; the British issued bonds, called consols, which are a great… …   Investment dictionary

  • perpetuity — n. in perpetuity ( forever ) * * * [ˌpɜːpɪ tjuːɪtɪ] in perpetuity ( forever ) …   Combinatory dictionary

  • perpetuity — I (New American Roget s College Thesaurus) Endless duration Nouns perpetuity; everlastingness, unceasingness, etc.; eternity, infinity, aye, timewithout end, sempiternity; deathlessness, immortality, athanasia; incessance, continuity, durability …   English dictionary for students

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