Limited liability means that the shareholders of a company are not personally responsible for the company's debts or liabilities.

Limited war refers to a conflict in which the participants set specific objectives and avoid using all available resources.

The statute of limitations for this crime is five years.

The lawyer argued that the statute of limitations had expired, thus the case should be dismissed.

The area beyond this point is off-limits to the public.

The city limits are clearly marked with signs.