Homonym: perpetual (Eternal)
The term "perpetual" refers to something that lasts indefinitely or continues without interruption. It is often used in various contexts, such as in finance, where a perpetual bond pays interest forever without a maturity date. In everyday language, it can describe situations or conditions that seem to go on endlessly, like a perpetual motion machine, which theoretically would operate indefinitely without an external energy source.
In legal terms, "perpetual" can describe rights or agreements that do not expire. For example, a perpetual license allows the holder to use a product or service indefinitely. Overall, the concept of perpetuity emphasizes continuity and the absence of an end point.