A point or boundary beyond which something cannot go or occur
Examples:
I can stand a good deal, but there are limits.The Big Snooze operates by utilizing your limiting false beliefs.PS The Steward's fee is limited to three Guineas.'
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Limitation
/ˌlɪməˈteɪʃən/
A restriction or condition that limits someone's or something's ability or capacity.
Examples:
"Every form of art has its limitations."I do not fear this word "limitation."The new policy had many limitations that concerned employees.
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Ways to tell them apart:
Limit refers to the maximum or minimum boundary, often numerical or measurable.
Limitation refers to a restriction or an inherent flaw that hinders capabilities.
Remember, limit is often about defining a boundary, while limitation is about a constraint that exists.
Limit can indicate potential capacity, whether minimum or maximum, whereas limitation refers to deficiencies or restrictions.
You can set a limit, but you encounter a limitation.