perpetuity


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Perpetuity

A constant stream of identical cash flows without end, such as a British consol.

Perpetuity

Cash flows paid to a person or company on an ongoing basis that are expected to go on indefinitely. The cash flows ordinarily do not increase, and as a result become less valuable over time because of inflation.

perpetuity

A stream of payments that is expected to last indefinitely.

perpetuity

Never ending; forever. A legal principle called the rule against perpetuities says that transfers of interests in land must vest, if at all, within lives in being plus a gestational period and 21 years, or they are void.

References in periodicals archive ?
The school board's vote came even though the committee formed to oversee the use of the gymnasium, fitness and weight rooms recommended that fees for residents and town-based nonprofit groups be waived in perpetuity.
The proposal was for content to be copied directly to disk, stored in perpetuity and retrievable via a Web page hosted on the MCS.
The conservation purpose of the gift must be protected in perpetuity.
Further, acting on behalf of all participants, the American People shall receive, in perpetuity, 10 percent of all royalties derived from any subsequent movies, books, and paid interviews referring to the criminal proceedings in any way.
The third cause of action alleges that Cameron unduly influenced Dixon, who had a limited education, into signing an agreement under which Cameron charged a gross fee of 33 1/3 percent to be paid in perpetuity.
For simplicity, we model the spread between taxables and exempts by fixing the price of the exempt perpetuity at some constant, |P.
It is worth investigating whether pricing techniques more complicated than the widely used perpetuity model might provide significantly better estimates of preferred stock prices.
The bank will maintain native open space in perpetuity in a portion of Merced County where habitat is being lost to development and conversion to agriculture.
Tenders are invited for Acquire the historic Robert Fulton Birthplace from the Commonwealth of Pennsylvania and maintaining it in perpetuity as a historic site.
Right now, the fight must be to put the kids first and get that $550 million for this year, and in perpetuity.
Kellner served, said last week that it will establish an endowment that will grant a wish in perpetuity in her name through the Make-A-Wish Foundation of Metro New York in Lake Success.
It's tempting to plan for eternity in saving land; I think it was Woody Allen who said perpetuity is a really long time.