1. Plural of perpetual; things that last or continue indefinitely or forever.
Usage: Often used in finance, law, or formal contexts to refer to bonds, securities, or arrangements with no maturity date.
2. In finance, bonds or securities that pay interest indefinitely with no fixed maturity date.
Usage: financial; technical

Examples

• The company issued perpetuals to raise capital without a repayment deadline.
• Some governments have issued perpetuals that pay dividends in perpetuity.
• Investors in perpetuals receive ongoing payments but never get their principal back.
• The trust established perpetuals to ensure funding for the charity forever.
• Unlike regular bonds, perpetuals have no maturity date.