What is the definition of Limits? | Dictionary.net

LIMITS

\lˈɪmɪts], \lˈɪmɪts], \l_ˈɪ_m_ɪ_t_s]\

Definitions of LIMITS

1910 - Black's Law Dictionary (2nd edition)

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In Insurance, this is a multi-used term. Loss or damage payout typically has a maximum benefit as a limit. An insurer often has an age limit beyond which no policy will be issued. Some policies end at an age limit.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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