Perpetuity

This refers to the concept of something continuing forever.

In finance Perpetuity relates to investments or annuities which have no end date. For example, some British government bonds, known as ‘consols’, have no repayment date and are irredeemable – in reality the government can chose to repay them at any time if it feels servicing the loan is more expensive than alternative forms of borrowing.

Perpetuity is a term normally found in economics and financial management;

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