sub·lim·it (sŭb-lĭm'ĭt) n. A limit or ceiling placed on a subdivision of a larger category, especially of nuclear weapons: negotiating sublimits on the number of land-based, intermediate-range missiles. Also called subceiling.
Main Entry: sub·lim·it Pronunciation: "s&b-'li-m&t Function: noun : a liability limit in an insurance policy for a particular risk (as loss of jewelry by theft) that is below the aggregate liability limit of the policy
(sŭb-lĭm'ĭt) 