limiter

[lim-i-ter]
noun
1.
a person or thing that limits.
2.
Electronics. a device or circuit for limiting the amplitude of a radio, telephone, or recording signal to some predetermined level.

Origin:
1350–1400; limit + -er1; replacing Middle English limitour (see -or2)

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
limiter (ˈlɪmɪtə)
 
n
Also called: clipper an electronic circuit that produces an output signal whose positive or negative amplitude, or both, is limited to some predetermined value above which the peaks become flattened

Collins English Dictionary - Complete & Unabridged 10th Edition
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Example sentences
With manual mode selected, the automatic holds lower gears right up to the rev
  limiter, upshifting only when the driver desires.
There is also a limiter to attenuate sudden loud noises.
And yes, the fundamental limiter on the pace of progress is our understanding
  of complex systems development.
He referred to the action of forcing the bolt without the torque limiter.
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