See Also: Limitation(medicine)
Overall FTC limitation(money)
Overall FTC limitation(finance)
limitation(dictionary)
limitation(dictionary)
Limitation on liens(finance)
Dividend limitation(finance)
Baggage limitation(tourism)
Debt limitation(finance)
Limitation on conversion(finance)

limitation (iou)



limitation noun. LME.
[Latin limitatio(n-), from limitat- pa. ppl stem of limitare LIMIT verb: see -ATION.]
The action or an act of limiting. LME.
b. spec. The action of determining the boundaries of a country or the contour of a figure. L16-E18.
a. An allotted space; the district or circuit of an itinerant officer or preaching friar; the region belonging to a particular nation; fig. one's allotted sphere. LME-M16.
b. An allotted time. rare (Shakes.). Only in E17.
A point or respect in which a thing, esp. a person's ability, is limited; a limiting provision or circumstance. E16.
have one's limitations, have its limitations lack talent or ability in some respects.
H. J. S. Maine He was heir to the earldom of Tyrone according to the limitations of the patent. E. F. Benson 'He does love discussion,' said Lucia. 'I know...Don't you?'..'I like it, with limitations.' P. Rose Mr Taylor..considering his limitations, was behaving remarkably well.
= LIMIT noun 1, 2. Freq. in pl. E16.
The condition of being limited. L16.
C. Lyell The limitation of groups of distinct species to regions separated..by certain natural barriers.
Law. The legal specification of a period within which an action must be brought or a period for which an estate shall continue or a law operate; a period so specified. L16.
statute of limitations: prescribing a period of limitation for the bringing of actions of certain kinds.