1. A maximum amount of money that is permitted to be spent, typically set by a budget, law, or regulation
The government imposed an expenditure limit on campaign spending.
O governo impôs um limite de despesa para gastos de campanha.
2. A cap or ceiling on spending in a specific area or category
The company set an expenditure limit of $50,000 for the quarterly project.
A empresa estabeleceu um limite de despesa de $50.000 para o projeto trimestral.