소멸시효가 · 소멸시효를
statute of limitations, extinctive prescription
Example
그 채권은 이미 소멸시효가 지났습니다.
The statute of limitations on that claim has already run out.
Word parts
소 vanish+멸 destroy+시 time+효 effect
Literally 'time limit after which a right disappears.'
Good to know
Collocates with 지나다 or 완성되다: 소멸시효가 완성되다 'the limitation period expires.'
Related words