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The rule against perpetuities serves a number of purposes. First, English courts have long recognized that allowing owners to attach long-lasting contingencies to their property harms the ability of future generations to freely buy and sell the property, since few people would be willing to buy property that had unresolved issues regarding its ownership hanging over it.
A perpetuity is an annuity in which the periodic payments begin on a fixed date and continue indefinitely. It is sometimes referred to as a perpetual annuity. Fixed coupon payments on permanently invested (irredeemable) sums of money are prime examples of perpetuities. Scholarships paid perpetually from an endowment fit the definition of ...
Perpetuity, in general, means “eternity.” And in finance, that concept of an everlasting state applies. A perpetuity describes a constant stream of cash with no end. But what is a perpetuity ...
Again there is a distinction between a perpetuity immediate – when payments received at the end of the period – and a perpetuity due – payment received at the beginning of a period. And similarly to annuity calculations, a perpetuity due and a perpetuity immediate differ by a factor of ( 1 + i ) {\displaystyle (1+i)} :
According to its original terms, the bond would pay 5% interest in perpetuity, [6] although the interest rate was reduced to 3.5% and then 2.5% during the 18th century. [7] Most perpetual bonds issued in the present day are deeply subordinated bonds issued by banks.
Perpetuity, a perpetual asset; Other. Perpetual access or perpetual license, a license that allows continued access to electronic material (e.g. software)
Depending on the time scope or the context, self-perpetuation either depends on self-sustainability, or is equivalent to it.While we may talk about the self-sustainability of an ecosystem, this depends amongst other factor on the self-perpetuation of its constituting species.
Dictator perpetuo (English: "dictator in perpetuity"), also called dictator in perpetuum, [1] was the office held by Julius Caesar just before the end of his life. He was granted the title between 26 January and 15 February during the year 44 BC, shortly before his assassination on 15 March. [2]