This is a non-technical description:
The limit process gives the value for y in an equation as x gets closer and closer to some value.
It answers the question "What should the value of y be?".
Sometimes the equation actually has that value, sometimes it doesn't because the equation is not defined at that point (remember that you can't divide by zero).
For instance, if the equation is y = x + 3 and you want to find the value when x = 3, just put 3 in for x in the equation and you get the answer: 6. If you were to put in numbers close to x, such as 2, then 2.5, then 2.9, then 2.99 (etc), your answers would get closer and closer to 6 (they would be 5, 5.5, 5,9, 5.99). So the limiting process gets you closer and closer to 6; but you know it should, so that's not much of a surprise.
What about the equation y = (x² - 9) /(x - 3). Here, if you put in 3, you don't get an answer; it's undefined because you can't divide by zero. Now , you put in 2, 2.5, 2.9, 2.99, you'll get closer and closer to the limit (which is the value that it would have if there wouldn't be division by zero. Also if you approach 3 from the other side by putting in 3.5, 3.25, 3.1, 3.01, you'll again get closer and closer to the limit.
Try putting in those numbers and see if you can find the limit. The line is actually a line with one point removed, the point where x = 3.
There's a lot more; but this is a start. If you want more, post back. and, thanks for the question.