perpetuity UK /ˌpɜː(ɹ)pɪˈtjuːɪti/US /ˌpɝpəˈtuːɪti/ noun4 •The quality or state of being perpetual; endless duration; uninterrupted existence. •Something that is perpetual. •An annuity in which the periodic payments begin on a fixed date and continue indefinitely. •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. formsperpetuities