GLOSSARY
Limitation period definition
/lɪmɪˈteɪʃ(ə)n/ /ˈpɪərɪəd/
What does Limitation period mean?
The time period during which court action must begin.
In England and Wales, the limitation period for an action on a simple contract is six years from the date the cause of action accrued; for an action on a specialty (deed) the period is twelve years. For personal injury claims, the limitation period is three years.
Commercial
The time period during which court action must begin.
In England and Wales, the limitation period for an action on a simple contract is six years from the date the cause of action accrued; for an action on a specialty (deed) the period is twelve years. For personal injury claims, the limitation period is three years.
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