noun
- the state of lasting forever or for an indefinitely long time
- legal arrangements that tie up property or assets indefinitely
Usage: legal
Examples
- The ancient monuments were built to last in perpetuity.
- The family established perpetuities to ensure their charitable giving would continue forever.
- Legal reforms aimed to prevent the creation of perpetuities that could tie up land for centuries.
- The endowment was structured as a perpetuity to fund scholarships indefinitely.
- Some states have laws against perpetuities to keep property from being locked up forever.
- The concept of perpetuities challenges our understanding of ownership and time.