- limit
- See price limit, position limit, and variable limit. The CENTER ONLINE Futures Glossary————See trading limit. Bloomberg Financial Dictionary————A contract's maximum price advance or decline from the previous day's settlement price permitted in one trading session, as determined by the exchange. See Price Limit. Chicago Mercantile Exchange Glossary————(up or down)The maximum price advance or decline from the previous day's closing price permitted by exchange rules. Dresdner Kleinwort Wasserstein financial glossarySee also price limit. Dresdner Kleinwort Wasserstein financial glossary————The maximum price fluctuation permitted by an exchange from the previous session's settlement price for a given contract. Exchange Handbook Glossary
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▪ I. limit lim‧it 1 [ˈlɪmt] noun [countable]the greatest amount, size, number etc that is possible or allowed:• The contract specifies various time limits and penalty clauses.
• Insurance cover for deep-freeze goods is free of charge up to a limit of £500.
ˈcredit ˌlimit FINANCEthe maximum amount you can borrow, for example on a credit card:• The advantage of this card is that there is a very high credit limit.
ˈfloor ˌlimit FINANCE1. the greatest amount of money that can be borrowed or taken out of a bank account at any one time:• A charge is made for all withdrawals above a mutually agreed floor limit.
2. the greatest amount of money that someone can charge on their credit card at a particular type of store before the store needs to obtain approval from the credit card company[m0] ▪ II. limit limit 2 verb [transitive]1. to stop something going beyond a particular point:• The costs of limiting air pollution are difficult to determine.
limit something to something• The law limits political donations to $500 from each voter.
2. to reduce the amount, number etc of something a person or organization may have:limit somebody/something to something• Subscribers were limited to twenty shares each.
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Ⅰ.limit UK US /ˈlɪmɪt/ noun [C]► the greatest amount, number, or level that is possible or allowed: beyond/over/outside the limit »Am I over the limit on the amount of money I can claim?
below/within/under the limit »Wages accounted for 57% of turnover - just under the 60% limit recommended by industry experts.
a limit to sth »There's a limit to the number of times I can stop what I'm doing just so I can help him!
a limit on sth »I think we ought to put a strict limit on the amount of time we can spend on the project.
impose/place/set a limit »We set a time limit of thirty minutes for the test.
»exceed/reach/reduce a limit
»stretch/push the limit
→ See also CREDIT LIMIT(Cf. ↑credit limit), FLOOR LIMIT(Cf. ↑floor limit), TIME LIMIT(Cf. ↑time limit)Ⅱ.limit UK US /ˈlɪmɪt/ verb [T]► to control something so that it is not more than a particular amount, number, or level: limit damage/liability »This change can help to limit environmental damage.
limit the effectiveness/usefulness of sth »Farmers cover coca leaves with substances that limit the effectiveness of the herbicide spray.
limit sth's scope »Regulations limit their scope to activities of a commercial nature carried out in other countries.
limit sth to sth »I've been asked to limit my speech to ten minutes maximum.
► to control the amount of something or the type of thing that a person or organization can have: limit sb to sth »Having so little money to spend on a car does limit you to an older used model.
»The city's economy limits the poor to menial service jobs.
limit yourself to sth »Older investors do not have to limit themselves to corporate bonds.
Financial and business terms. 2012.
