Advertisement
Advertisement
perpetuity
[ pur-pi-too-i-tee, -tyoo- ]
noun
- the state or character of being perpetual (often preceded by in ):
to desire happiness in perpetuity.
- endless or indefinitely long duration or existence; eternity.
- something that is perpetual.
- an annuity paid for life.
- Law. an interest under which property is less than completely alienable for longer than the law allows.
perpetuity
/ ˌpɜːpɪˈtjuːɪtɪ /
noun
- eternity
- the state or quality of being perpetual
- property law a limitation preventing the absolute disposal of an estate for longer than the period allowed by law
- an annuity with no maturity date and payable indefinitely
- in perpetuityfor ever
Other Words From
- nonper·pe·tui·ty noun plural nonperpetuities
Word History and Origins
Origin of perpetuity1
Word History and Origins
Origin of perpetuity1
Example Sentences
NFTs are an ideal vehicle for giving back because the owner can dedicate a percentage of sales to charities of their choice in perpetuity.
“All that has to be removed, regraded, and it would be deed-restricted for open space in perpetuity,” Mihranian said.
Probate law needs to be reformed to prevent properties “sitting empty in perpetuity,” he adds, but above all he believes empty homes need to be put back in the spotlight as a national issue.
“They’d given me a really outstanding deal of, you know, ‘We're going to control this in perpetuity for $300' or whatever,” Stamper says, "but, at the time, I was just excited that anyone wanted to put my music out."
“Businesses are experimenting with ‘infinite’ arbitration clauses: those that mandate arbitration for all disputes between any related party in perpetuity,” wrote David Horton, a law professor at the University of California, in the University of Pennsylvania Law Review.
Advertisement
Advertisement
Advertisement
Advertisement
Browse