PERPETUITY
Perpetuity
A perpetuity is an annuity that has no end, or a stream of cash payments that continues forever. There are few actual perpetuities in existence . Real estate and preferred stock are among some types of investments that effect the results of a perpetuity, and prices can be established using techniques for valuing a perpetuity. Perpetuities are but one of the time value of money methods for valuing financial assets. Perpetuities are a form of ordinary annuities.The above text is a snippet from Wikipedia: Perpetuity
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perpetuity
Noun
- The quality or state of being perpetual; endless duration; uninterrupted existence.
- Something that is perpetual.
- A limitation intended to be unalterable and of indefinite duration; a disposition of property which attempts to make it inalienable beyond certain limits fixed or conceived as being fixed by the general law.
- An annuity in which the periodic payments begin on a fixed date and continue indefinitely.
The above text is a snippet from Wiktionary: perpetuity
and as such is available under the Creative Commons Attribution/Share-Alike License.