The phrase "significant limitations" refers to important restrictions or drawbacks that affect something or someone, making it difficult to perform or achieve certain goals. Full definition
Traditionally, Catholic schools were supported by a single parish — a model with significant limitations in today's global society. (setoncatholicschools.com)
The most significant limitation on the amount of the charitable deduction in this case is whether the property is considered ordinary income property or long - term capital gain property. (journalofaccountancy.com)