What is the definition of Perpetual annuity? | Dictionary.net

PERPETUAL ANNUITY

\pəpˈɛt͡ʃuːə͡l ɐnjˈuːɪti], \pəpˈɛt‍ʃuːə‍l ɐnjˈuːɪti], \p_ə_p_ˈɛ_tʃ_uː_əl ɐ_n_j_ˈuː_ɪ_t_i]\

Definitions of PERPETUAL ANNUITY

1920 - A practical medical dictionary.
1910 - Black's Law Dictionary (2nd edition)

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An a., to be paid for all time to the annuitant and to his heirs after his death.

1920 - A practical medical dictionary.
By Stedman, Thomas Lathrop

The annuity taken from an asset. In perpetual annuity, the life of the annuitant has no impact.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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