Limit

(redirected from limited)
Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Idioms, Encyclopedia, Wikipedia.

Limit

Limit

1. The maximum amount of price change a futures contract is allowed to undergo on a given trading day. Limits are mandated by the exchanges on which futures contracts trade, and exist in order to reduce volatility in the market. It is also called a trading limit.

2. The maximum number of transactions in commodities that an individual may make on an exchange on a given trading day. Limits are mandated either by the Commodity Futures Trading Commission or by the exchanges on which commodity contracts trade. It is also called a trading limit.

3. See: Limit order.
References in periodicals archive ?
Marc, "An Overview of Limited Liability Companies," The Practical Real Estate Lawyer, March 1993 pp.
and Kloepfer, Peter K., "The Limited Liability Company: Beyond Classification," Taxes, April 1991, pp.
Kalinka, Susan, "The Limited Liability Company and Sub-chapter S: Classification Issues Revisited," University of Cincinnati Law Review, December 1992, pp.
and Garrison, L.R., "The Limited Liability Company: When Is It the Right Choice?," The Journal of State Taxation, Spring 1993, pp.
and Sklar, Bradley J., "The Limited Liability Company: A New Type of Borrowing Entity," Journal of Commercial Lending, March 1994, pp.
and Bunn, Radie, "Limited Liability Companies: "The Best of Both Worlds," The National Public Accountant, February 1995, pp.
L., "Corporate Benefits Without Corporate Taxation: Limited Liability Company and Limited Partnership Solutions to the Choice of Entity Dilemma," San Diego Law Review, Summer 1992, pp.