This is the 708th most frequent French word.
limite
Boundary or limit.
Limite is used here as a noun referring to a legal boundary or threshold, in this case, applied to speed.
On peut dépasser la limite de vitesse sur cette route.
You can exceed the speed limit on this road.
Limite is used here as an adverb meaning 'almost' or 'barely,' reflecting uncertainty or proximity in readiness.
Elle est limite prête à y aller, mais pas complètement convaincue.
She is almost ready to go, but not completely convinced.
Limite is used here as a noun meaning 'restriction' or 'maximum allowance,' referring to a quantitative cap.