Perpetuity
Perpetuity is a financial term describing an annuity that has no end, or a stream of cash flows that continues forever.
Benefits
Perpetuity provides a stream of income indefinitely, useful for long-term financial planning.
Frequently Asked Questions
What does perpetuity mean in annuity?
Perpetuity describes an annuity or cash flow stream that continues forever.
Is a perpetuity an annuity that continues forever?
Yes, perpetuity is an annuity that continues forever.
Which is the best definition of a perpetuity?
A perpetuity is an annuity with no end, providing continuous cash flows forever.
Key Takeaway
Perpetuity provides a stream of income indefinitely, useful for long-term planning.