Definition of "Limit" :

noun: the greatest possible degree of something

"To the limit of his ability."

noun: the boundary of a specific area

noun: as far as something can go

noun: the greatest amount of something that is possible or allowed

"There are limits on the amount you can bet."

noun: the mathematical value toward which a function goes as the independent variable approaches infinity

noun: final or latest limiting point

verb: place limits on (extent or amount or access)

"Limit the time you can spend with your friends."

verb: restrict or confine within limits

"I limit you to two visits to the pub a day."

verb: decide upon or fix definitely