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LEGAL GLOSSARYWhat Is a Limitation Period?
A legally prescribed period within which a particular claim or proceeding generally must be brought, subject to applicable law and exceptions.
What Does Limitation Period Mean?
A limitation period is the legally prescribed time within which a claim or proceeding must generally be brought. Periods vary by the type of claim and are subject to exceptions under the applicable law.
Why It Matters
Time is a practical legal issue in every dispute. Because limitation periods vary and carry exceptions, they should be assessed in the context of the specific matter rather than assumed.
Related Information
Related legal terms: Cause of Action, Litigation
Related practice area: Litigation & Dispute Resolution →
Dealing With a Related Matter?
This explanation is a general starting point. If the term matters in a specific situation you are facing, a conversation about your facts can help you decide the right next step.
Contact Gyanendra Singh →This definition provides general information and does not constitute legal advice. Laws change, and their application depends on the facts of a matter. For advice on your specific situation, consult a qualified lawyer.