/ˈlɪmɪtˈ/ – Noun
Definition: 1. giới hạn;
2. ranh giới, hạn chế;
3. quy định giới hạn.
A more thorough explanation: In legal terms, the word “limit” refers to a restriction or boundary that is set by law, contract, or regulation, beyond which certain actions or behaviors are not permitted or are subject to specific conditions. It defines the extent or scope of something, such as the maximum amount of money that can be claimed in a lawsuit or the deadline by which a legal action must be initiated.
Example: The speed limit on this road is 55 miles per hour.