"to make a speech," especially a grandiloquent one, c. 1600, a colloquial back-formation from peroration (q.v.), or else from Latin peroratus, past participle of perorare. Related: Perorated; perorating.
permutation
permute
pern
pernicious
pernickety
perorate
peroration
peroxide
perp
perpendicular
perpensity