pos·ter·i·ty

[po-ster-i-tee]
noun
1.
succeeding or future generations collectively: Judgment of this age must be left to posterity.
2.
all descendants of one person: His fortune was gradually dissipated by his posterity.

Origin:
1350–1400; Middle English posterite < Latin posteritās, noun derivative of posterus coming after. See posterior, -ity

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World English Dictionary
posterity (pɒˈstɛrɪtɪ) [Click for IPA pronunciation guide]
 
n
1.  future or succeeding generations
2.  all of one's descendants
 
[C14: from French postérité, from Latin posteritās future generations, from posterus coming after, from post after]

Collins English Dictionary - Complete & Unabridged 10th Edition
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00:10
Posterity is always a great word to know.
So is lollapalooza. Does it mean:
a gadget; dingus; thingumbob.
an extraordinary or unusual thing, person, or event; an exceptional example or instance.
Etymonline
Word Origin & History

posterity
late 14c., from O.Fr. posterité, from L. posteritatem (nom. posteritas) "the condition of coming after," from posterus "coming after, subsequent," from post "after."
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
He belongs to posterity as the instructor of future generations in the
  principles of liberty and freedom.
And though he has been offered $75 million for the place, he has decided to
  keep it for posterity.
The flattering moniker perhaps suited the ecstasy and pomp of the occasion, but
  posterity will be the judge.
The earth and the fulness of it belongs to every generation, and the preceding
  one can have no right to bind it up from posterity.
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