It is an axiom of Natural Law, that res perit domino; that is, the owner bears the loss.
Obtritum perit more animae: ground to powder, is gone like a breath.
Thus, anybody unable to buy a whole tulip, could buy a perit or two, and have what the lawyers call an "undivided interest" in a root.
You went out into "the street" without owning a tulip or a peritof a tulip in the world, and met another fellow with just as many tulips as yourself.
The above list will hopefully give you a few useful examples demonstrating the appropriate usage of "perit" in a variety of sentences. We hope that you will now be able to make sentences using this word.