/ˈpɪriəd əv ˌlɪmɪˈteɪʃənz/ – Phrase
Definition: Thời hạn quy định để khởi kiện hoặc đưa ra yêu cầu pháp lý.
A more throughout explanation: the amount of time stated in the law (by the statute of limitations) within which a claim must be brought
Example: The period of limitations expired on August 23.