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What does perpetuity mean?

Looking for the meaning or definition of the word perpetuity? Here's what it means.

Noun
  1. (uncountable) The quality or state of being perpetual; endless duration; uninterrupted existence.
  2. (countable) Something that is perpetual.
  3. (countable, law) 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.
  4. (countable, finance) An annuity in which the periodic payments begin on a fixed date and continue indefinitely.
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Examples
Company X and Y both pay annual dividend of 40 tambala to their shareholders and this is expected to continue in perpetuity.
The trust, being created by statute, cannot be held invalid on the ground of perpetuity or on any other ground.
Her sister, Elizabeth, wished to associate herself throughout perpetuity with piety, education and literature.
But books have some kind of sustainable perpetuity, so let's write the book.
It looked as though the situation was likely to continue in perpetuity unless someone did something about it.
There had been victory parades in July 1919-but every hamlet had its dead and their memory in perpetuity.

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