Perp
//pɝp// adj, noun, slang
adj, noun, slang ·Moderate ·College level
Definitions
Noun
- 1 A perpetrator. slang
""We have the perp in custody," the policeman said."
- 2 A perpetual bond.
- 3 Perpetual futures.
"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."
Adjective
- 1 Clipping of perpendicular. abbreviation, alt-of, clipping
"a perp window"
Example
More examples"Judging by the size of this footprint, I'd say the perp is about six feet tall."
Etymology
Etymology 1
Clipping of perpetrator.
Etymology 2
Clipping of perpetual futures or perpetual bond.
Related phrases
More for "perp"
Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.