What Does Perpetuity Mean?

One of the most common is the phrase “in perpetuity.” According to Black’s Law Dictionary, the definition of “in perpetuity” is “… that a thing is forever or for all time.” …

This phrase is also used in situations where certain contract clauses will survive termination of the contract..

How do you find perpetuity?

Perpetuity is a perpetual annuity, it is a series of equal infinite cash flows that occur at the end of each period and there is equal interval of time between the cash flows. Present value of a perpetuity equals the periodic cash flow divided by the interest rate.

What does perpetuity mean in the Bible?

Perpetuity, literally, an unlimited duration. … Thus, they utilized the word perpetuity—from the Latin in perpetuum, a Biblical phrase used when referring to God’s eternal continuance—to describe such an invalid limitation.

How do you use the word perpetuity?

Perpetuity in a Sentence 🔉The greedy investor wanted to receive a royalty off the product in perpetuity. … As a devoted wife, I vow to love my husband in perpetuity. … John prayed the man who killed his daughter would suffer in perpetuity in prison.More items…

What does the phrase in perpetuity mean?

Continual existence—that elusive concept has made perpetuity a favorite term of philosophers and poets for centuries. … It frequently occurs in the phrase “in perpetuity,” which essentially means “forever” or “for an indefinitely long period of time.” Perpetuity also has some specific uses in law.

What is an example of a perpetuity?

A perpetuity is an annuity in which the periodic payments begin on a fixed date and continue indefinitely. … Fixed coupon payments on permanently invested (irredeemable) sums of money are prime examples of perpetuities. Scholarships paid perpetually from an endowment fit the definition of perpetuity.

What does flattery mean?

1a : the act or practice of flattering She uses the art of flattery to her advantage. b(1) : something that flatters A compliment is flattery …— Harry Shaw. (2) : insincere or excessive praise He tried to win his teacher’s favor with flattery.

What is a $100 perpetuity?

Perpetuity refers to an unending, continuous series of cash flows. Since the cash flows never end, the future value cannot be found out. The present value of the perpetuity is the cash flow divided by the interest rate.

How do you get a perpetuity?

Perpetuity Formula The basic method used to calculate a perpetuity is to divide cash flows by some discount rate.

What is the rule against perpetuity What are the exceptions to this rule?

Following are the nine exceptions to the rule against perpetuity: 1) Vested interest is not affected by the rule because once the interest are vested it cannot be bad for remoteness. … 8) The rule also does not apply where only charges is created which does not amount to a transfer of an interest.

How long is perpetuity?

Related Content. A perpetuity period applies to future interests in assets (that is, interests that do not take effect immediately) that are subject to the rule against perpetuities. The perpetuity period may be: A prescribed statutory period of 125 years, under the Perpetuities and Accumulations Act 2009.

What is another word for perpetuity?

In this page you can discover 18 synonyms, antonyms, idiomatic expressions, and related words for perpetuity, like: eternity, endurance, continuance, forever, all-time, life, continuity, ceaselessness, endlessness, eternality and eternalness.