circumference; circuit.
boundary; limit.
a sphere of operation or influence; range; scope: the ambit of such an action.

1350–1400; Middle English < Latin ambitus a going around, equivalent to amb- ambi- + itus a going (i- (stem of īre to go) + -tus suffix of v. action) Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
ambit (ˈæmbɪt)
1.  scope or extent
2.  limits, boundary, or circumference
[C16: from Latin ambitus a going round, from ambīre to go round, from ambi- + īre to go]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Word Origin & History

late 14c., "a circuit," from L. ambitus "going round" (see ambition).
Online Etymology Dictionary, © 2010 Douglas Harper
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Computing Dictionary

AMBIT definition

Algebraic Manipulation by Identity Translation (also claimed: "Acronym May Be Ignored Totally").
An early pattern-matching language, developed by C. Christensen of Massachusetts Computer Assocs in 1964, aimed at algebraic manipulation.
[Sammet 1969, pp. 454-457].
The Free On-line Dictionary of Computing, © Denis Howe 2010
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Example sentences
Within the organization and its ambit there have always been pockets of belief in g as an inherited trait.
Your space rental does not fit within the ambit of the definition of either term.
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