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

I need to finish this project within the time limit.

The city limits are clearly marked with signs.

The management decided to put a limit on working hours to ensure a better work-life balance.