n. the period of time in which a person has to file with the clerk of the court or appropriate agency what he/she believes is a valid lawsuit or claim. The period varies greatly depending on what type of case is involved, whether the suit is against the government, whether it is by a minor, and most importantly, in what state or federal jurisdictio...
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(n) Limitation of Actions is the statutory limit within which one has to initiate procedures to recover his legitimate claim or seek remedies for his losses. The limitation period however varies from case to case with respect to the quantum, type, parties involved, application of statues etc.
Found on
http://www.encyclo.co.uk/local/21213
See: statute of limitations
Found on
http://www.nolo.com/dictionary/limitation-of-actions-term.html
No exact match found.
