perpetuity

annuity

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July 23, 2026

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A perpetuity is a type of annuity that continues forever. Unlike standard annuities, which have a set number of payments, a perpetuity's payments are intended to continue indefinitely. A well-known example is the interest paid on British government bonds called consols.12

An annuity, in general, is a series of fixed payments made at regular intervals. These can be for a specified period (annuities certain) or contingent on certain events, such as the annuitant's lifetime (contingent annuities). Annuities are often used to provide a steady income stream during retirement.13

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annuity
…the annuity certain is the perpetuity, which is an annuity that continues forever. Perhaps the best-known example of a perpetuity is the interest payment on the British government bonds called consols. Because these obligations have no maturity date, it is intended that the interest payments will continue indefinitely.
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…the annuity certain is the perpetuity, which is an annuity that continues forever. Perhaps the best-known example of a perpetuity is the interest payment on the British government bonds called consols. Because these obligations have no maturity date, it is intended that the interest payments will continue indefinitely.
Read More