limit vs bounds

limit and bounds both are nouns.

Word	Noun	Adjective	Verb	Adverb
limit	Yes	No	Yes	No
bounds	Yes	No	No	No

As nouns, bounds is a hypernym of limit; that is, bounds is a word with a broader meaning than limit:

Other hypernyms of limit include bound, boundary.

limit (noun)	bounds (noun)
the greatest possible degree of something	the line or plane indicating the limit or extent of something
the boundary of a specific area
as far as something can go
the greatest amount of something that is possible or allowed
the mathematical value toward which a function goes as the independent variable approaches infinity
final or latest limiting point

limit (verb)	bounds (verb)
restrict or confine within limits
place limits on (extent or amount or access)
decide upon or fix definitely