The term of limitation of actions in the system of civil legal terms

Purpose: Сomplex study of positions of civil legislation, scientific theories for the exposure of essence and value, places of term of limitation of actions in the system of civil legal terms, formulation of generalizations, conclusions and suggestions, assisting perfection of institute of limitation of actions. Methodology: Historical-legal methods, comparatively-legal, formally legal methods were used. Results: The right and judicial value of term of limitation of actions is analysed in the presented research, the specific of this institute is determined as compared to another terms having civil legal nature. Novelty/originality/value: Research positions are able to serve founding for the further study of term of limitation of actions from position of legal terms, and in opinion of author bring in a certain contribution to positions of civil legal science.