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perpetuity |
2 definitions found From Webster's Revised Unabridged Dictionary (1913) [web1913]: Perpetuity \Per`pe*tu"i*ty\, n. [L. perpetuitas: cf F. perp['e]tuit['e].] 1. The quality or state of being perpetual; as the perpetuity of laws. --Bacon. A path to perpetuity of fame. --Byron. The perpetuity of single emotion is insanity. --I. Taylor. 2. Something that is perpetual. --South. 3. Endless time. ``And yet we should for perpetuity, go hence in debt.'' --Shak. 4. (Annuities) a The number of years in which the simple interest of any sum becomes equal to the principal. b The number of years' purchase to be given for an annuity to continue forever. c A perpetual annuity. 5. (Law) a Duration without limitations as to time. b The quality or condition of an estate by which it becomes inalienable, either perpetually or for a very long period; also the estate itself so modified or perpetuated. From WordNet r 1.6 [wn]: perpetuity n : the property of being perpetual (seemingly ceaseless)
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