loke–In the fourteen worlds; imau dvau eva–only these two types of; puruṣau–conscious entities; (sthaḥ)–exist: kṣaraḥ cha–the perishable; akṣaraḥ cha–and the imperishable. (tayoḥ)–Of the two; sarvāṇi bhūtāni–all beings, from Lord Brahmā down to the lowest stationary beings; uchyate–are described; kṣaraḥ–as perishable, as they are fallen from their true nature; kūṭa-sthaḥ–and the associates of the Lord, situated in their eternally perfect nature; (uchyate)–are described; akṣaraḥ–as imperishable; (vidvadbhiḥ)–by the knowledgeable.

[16]

In this world, there are two types of beings: the perishable and the imperishable. All beings from Lord Brahmā down to the lowest stationary life-forms are known as perishable (as they are fallen from their true nature). But those who are situated in their eternal, spiritual nature are known as imperishable (eternal associates of the Lord).