Entry 1 sense Webster, 1913 Pernancy /(pẽr"nan*sy̆)/ · Per·nan·cy · IPA /ˈpɜː(ɹ)nənsi/ 01 n. A taking or reception, as the receiving of rents or tithes in kind, the receiving of profits. 1. A taking or reception, as the receiving of rents or tithes in kind, the receiving of profits.(Law)