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perpetuity Definition

per·pe·tu·ity (pʉr′pə to̵̅o̅′ə tē, -tyo̵̅o̅′-)

noun pl. -·ties

  1. the state or quality of being perpetual
  2. something perpetual, as an annuity or pension to be paid indefinitely or, often specif., for life
  3. unlimited time; eternity
  4. Law
    1. a limitation upon the transference of an estate: it is valid only for a legally specified period
    2. an estate so limited

Etymology: ME perpetuite < OFr perpetuité < L perpetuitas

perpetuity Idioms

in perpetuity

forever or for an indefinite period

perpetuity Synonyms

perpetuity

n.

  1. State of being perpetual

    constancy, endurance, continuance; see continuity 1.

  2. Unlimited time

    eternity, forever, all time, life; see eternity 1.

perpetuity Law Definition

See in perpetuity.

perpetuity Usage Examples

Converse of object

  • grant: Publishers insisted copyright was perpetual, despite Statute of Anne, claiming that common law granted perpetuity.
  • have: When God originally created it, it had perpetuity and order.

Preposition: on

behalf: Equally, she also has the power to ensure their preservation in perpetuity on behalf of the nation.

Preposition: for

  • nation: The site is now owned in perpetuity for the nation by the National Trust for Scotland.
  • benefit: Similarly, assets will have to be used in perpetuity for the benefit of the public.
  • people: This ensures that the houses to be built will remain affordable in perpetuity for local people.

Modifies a noun

  • period: The normal perpetuity period of a Gibraltar trust is 100 years.
  • license: ICS Telecom can be purchased outright by paying a once-only fee for a perpetuity license or by purchasing an annual license.
  • option: Perpetuity options are a limited life-span ( with the number of years specified ) or an unlimited life span.
  • rule: Offshore trusts have different perpetuity rules, but are often limited to 100 years.
  • ': Protecting this land from development â in perpetuity â is helping the long-term nature conservation interests of the area.
  • basis: Single user license £ 95 excl VAT Multi user site license £ 400 excl VAT on an in perpetuity basis.