noun
perpetuity
pur-pih-TYOO-ih-tee
noun
1
A state of lasting forever, or an indefinitely long duration.
"The land was granted to the family in perpetuity."
"Nothing lasts in perpetuity, no matter how solid it seems."
2
In finance, an investment that pays out regularly forever.
"A perpetuity is valued by dividing the yearly payment by the interest rate."
How to Use Perpetuity
Learner’s notesIn plain EnglishForever, or something set up to last forever.
Common pairings
in perpetuity
granted in perpetuity
Word Forms
perpetuities plural
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The land was granted to the family in _____.
Etymology
From Latin perpetuitas, "continuance," from perpetuus ("perpetual").