Definition of "Limitation" :

noun: an act of limiting or restricting (as by regulation)

noun: the quality of being limited or restricted

"It is a good plan but it has serious limitations."

noun: a principle that limits the extent of something

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

"It is growing rapidly with no limitation in sight."

noun: (law) a time period after which suits cannot be brought

"Statute of limitations."