perp

Definitions

1. A perpetrator.
   slang
2. A perpetual bond.
3. Perpetual futures.

Equivalents

Examples

“"We have⟳ the perp in custody," the policeman said.”

“Got himself fired for pulling a sword on an acknowledged perp. Slid it right through the fabric of the perp’s shirt, gliding the flat of the blade along the base⟳ of his neck, and pinned him to a warped and bubbled expanse of vinyl siding on the wall of the house that the perp was trying to break⟳ into.”

“Autopsies carried out since then [Oct 2025 crypto crash⟳] suggest⟳ that much of the damage⟳ can be traced to investors having piled into financial products known as perpetual futures. So-called perps allow⟳ traders to make⟳ highly leveraged bets, up to 100-to-1 on some crypto exchanges, to boost⟳ their returns on market moves.”

CEFR level