Limitation period (caducidad)
Extinction of a right or action by the mere passage of the legal or contractual period, with no possibility of interruption. Operates automatically, may be assessed ex officio and cannot be waived in advance. Example: action for marriage annulment (does not prescribe but may lapse in some cases).
Other General terms
Extinction of a right or legal action due to the legally established time period expiring without exercise. In criminal law, it extinguishes criminal liability.
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