Difference between revisions of "Perpetuity"
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According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
:[[Perpetuity]]. A series of payments of a fixed amount that continue indefinitely. | :[[Perpetuity]]. A series of payments of a fixed amount that continue indefinitely. | ||
| + | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
| + | :[[Perpetuity]]. A stream of equal payments at fixed intervals expected to continue forever. | ||
==Related concepts== | ==Related concepts== | ||
Latest revision as of 22:09, 1 November 2019
Perpetuity is a series of payments of a fixed amount that continue indefinitely.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Perpetuity. A series of payments of a fixed amount that continue indefinitely.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Perpetuity. A stream of equal payments at fixed intervals expected to continue forever.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
