Definitions from Wiktionary (direct limit)

▸ noun:  (algebra) A set of equivalence classes which partition the disjoint union of the members of a direct system; each equivalence class being a sort of “drainage basin” of the mappings (of the morphisms) of the direct system, if these are analogically considered as “rivers”. (If i ▸ noun:  (category theory) a colimit

Similar:

inverse limit, direct system, inverse system, bilimit, direct sum, limit, colimit, Dedekind cut, function, categorical product, more...

Opposite:

inverse limit, projective limit

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