Annuity vs. Perpetuity

Annuitynoun

A right to receive amounts of money regularly over a certain fixed period, in perpetuity, or, especially, over the remaining life or lives of one or more beneficiaries.

Annuitynoun

A sum of money, payable yearly, to continue for a given number of years, for life, or forever; an annual allowance.

Annuitynoun

income from capital investment paid in a series of regular payments;

Annuity

An annuity is a series of payments made at equal intervals. Examples of annuities are regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments and pension payments.

Perpetuitynoun

(uncountable) The quality or state of being perpetual; endless duration; uninterrupted existence.

Perpetuitynoun

(countable) Something that is perpetual.

Perpetuitynoun

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.

Perpetuitynoun

An annuity in which the periodic payments begin on a fixed date and continue indefinitely.

Perpetuitynoun

The quality or state of being perpetual; as, the perpetuity of laws.

Perpetuitynoun

Something that is perpetual.

Perpetuitynoun

Endless time.

Perpetuitynoun

The number of years in which the simple interest of any sum becomes equal to the principal.

Perpetuitynoun

Duration without limitations as to time.

Perpetuitynoun

the property of being perpetual (seemingly ceaseless)

Perpetuity

A perpetuity is an annuity that has no end, or a stream of cash payments that continues forever. There are few actual perpetuities in existence.