perpetual annuity
perpetuity

It is sometimes referred to as a perpetual annuity.

When the perpetual annuity payment grows at a fixed rate (g) the value is theoretically determined according to the following formula.

Most importantly, it is rare to find a growing perpetual annuity with fixed rates of growth and true perpetual cash flow generation.

When n , the PV of a perpetuity (a perpetual annuity) formula becomes simple division.

In another tenet of the accord, the United States agreed to pay the Miami a perpetual annuity of fifteen thousand dollars.

It can never, therefore, make so convenient a transferable stock as a perpetual annuity, of which the real value may be supposed always the same, or very nearly the same.

Implicit in this model of a perpetual annuity (Time value of money) is that the 'flip' of the P/E is the discount rate appropriate to the risk of the business.

It accepts in 1797 and offered him priority over the rights of the Almanac in exchange for a perpetual annuity of 800 francs, then she completely abandons the Almanac.

An annuity for a long term of years, therefore, though its intrinsic value may be very nearly the same with that of a perpetual annuity, will not find nearly the same number of purchasers.

"The above named John Addey by his will gave to his executor two hundred pounds to procure a perpetual annuity towards the relief of the poor people of Deptford to last forever.

The number of years' purchase which the perpetual annuities granted by a government or a railway company realize in the open market, forms a very simple test of the credit of the various governments or railways.

He argues that it is more to the advantage, both of the country and of the private investor, that the public loans should be raised by way of grant of life annuities rather than perpetual annuities.

In the other it was supposed sufficient to pay the interest only, or a perpetual annuity equivalent to the interest, government being at liberty to redeem at any time this annuity upon paying back the principal sum borrowed.

But if by advancing their money they were to purchase, instead of perpetual annuities, annuities for lives only, whether their own or those of other people, they would not always be so likely to sell them with a profit.

The subscribers to a new loan, who mean generally to sell their subscriptions as soon as possible, prefer greatly a perpetual annuity redeemable by Parliament to an irredeemable annuity for a long term of years of only equal amount.

Within a year the new Borough bought a substantial degree of freedom from the Manor of Alverton then known as Alverton and Penzance for £34 plus a perpetual annuity of £1 which was last paid in 1936.

This treaty is substantial as it opened up the rest of the territory west of the Genesee River for settlement and established ten reservations, perpetual annuities and hunting and fishing rights for the Seneca in Western New York.

Money is frequently sunk in France upon what are called Contracts for the constitution of a rent; that is, perpetual annuities redeemable at any time by the debtor upon repayment of the sum originally advanced, but of which this redemption is not exigible by the creditor except in particular cases.

The fund becoming in this manner altogether insufficient for paying both principal and interest of the money borrowed upon it, it became necessary to charge it with the interest only, or a perpetual annuity equal to the interest, and such unprovident anticipations necessarily gave birth to the more ruinous practice of perpetual funding.