diff --git a/activerecord/CHANGELOG.md b/activerecord/CHANGELOG.md
index c91e6662c9..86d07580e8 100644
--- a/activerecord/CHANGELOG.md
+++ b/activerecord/CHANGELOG.md
@@ -1,3 +1,18 @@
+*   The flag `error_on_ignored_order_or_limit` has been deprecated in favor of
+    the current `error_on_ignored_order`.
+
+    *Xavier Noria*
+
+*   Batch processing methods support `limit`:
+
+        Post.limit(10_000).find_each do |post|
+          # ...
+        end
+
+    It also works in `find_in_batches` and `in_batches`.
+
+    *Xavier Noria*
+
 *   Using `group` with an attribute that has a custom type will properly cast
     the hash keys after calling a calculation method like `count`. Fixes #25595.
 
diff --git a/activerecord/lib/active_record/core.rb b/activerecord/lib/active_record/core.rb
index de337b24d6..2c94463acd 100644
--- a/activerecord/lib/active_record/core.rb
+++ b/activerecord/lib/active_record/core.rb
@@ -72,11 +72,20 @@ module ActiveRecord
 
       ##
       # :singleton-method:
-      # Specifies if an error should be raised on query limit or order being
+      # Specifies if an error should be raised if the query has an order being
       # ignored when doing batch queries. Useful in applications where the
-      # limit or scope being ignored is error-worthy, rather than a warning.
+      # scope being ignored is error-worthy, rather than a warning.
+      mattr_accessor :error_on_ignored_order, instance_writer: false
+      self.error_on_ignored_order = false
+
       mattr_accessor :error_on_ignored_order_or_limit, instance_writer: false
-      self.error_on_ignored_order_or_limit = false
+      def self.error_on_ignored_order_or_limit=(value)
+        ActiveSupport::Deprecation.warn(<<-MSG.squish)
+          The flag error_on_ignored_order_or_limit is deprecated. Limits are
+          now supported. Please use error_on_ignored_order= instead.
+        MSG
+        self.error_on_ignored_order = value
+      end
 
       ##
       # :singleton-method:
diff --git a/activerecord/lib/active_record/relation/batches.rb b/activerecord/lib/active_record/relation/batches.rb
index 3639625722..46bb0e04ee 100644
--- a/activerecord/lib/active_record/relation/batches.rb
+++ b/activerecord/lib/active_record/relation/batches.rb
@@ -1,8 +1,8 @@
-require "active_record/relation/batches/batch_enumerator"
+require 'active_record/relation/batches/batch_enumerator'
 
 module ActiveRecord
   module Batches
-    ORDER_OR_LIMIT_IGNORED_MESSAGE = "Scoped order and limit are ignored, it's forced to be batch order and batch size."
+    ORDER_IGNORE_MESSAGE = "Scoped order is ignored, it's forced to be batch order."
 
     # Looping through a collection of records from the database
     # (using the Scoping::Named::ClassMethods.all method, for example)
@@ -34,15 +34,19 @@ module ActiveRecord
     # * <tt>:start</tt> - Specifies the primary key value to start from, inclusive of the value.
     # * <tt>:finish</tt> - Specifies the primary key value to end at, inclusive of the value.
     # * <tt>:error_on_ignore</tt> - Overrides the application config to specify if an error should be raised when
-    #                               the order and limit have to be ignored due to batching.
+    #                               the order has to be ignored due to batching.
     #
-    # This is especially useful if you want multiple workers dealing with
-    # the same processing queue. You can make worker 1 handle all the records
-    # between id 0 and 10,000 and worker 2 handle from 10,000 and beyond
-    # (by setting the +:start+ and +:finish+ option on each worker).
+    # Limits are honored, and if present there is no requirement for the batch
+    # size, it can be less than, equal, or greater than the limit.
     #
-    #   # Let's process for a batch of 2000 records, skipping the first 2000 rows
-    #   Person.find_each(start: 2000, batch_size: 2000) do |person|
+    # The options +start+ and +finish+ are especially useful if you want
+    # multiple workers dealing with the same processing queue. You can make
+    # worker 1 handle all the records between id 1 and 9999 and worker 2
+    # handle from 10000 and beyond by setting the +:start+ and +:finish+
+    # option on each worker.
+    #
+    #   # Let's process from record 10_000 on.
+    #   Person.find_each(start: 10_000) do |person|
     #     person.party_all_night!
     #   end
     #
@@ -51,8 +55,8 @@ module ActiveRecord
     # work. This also means that this method only works when the primary key is
     # orderable (e.g. an integer or string).
     #
-    # NOTE: You can't set the limit either, that's used to control
-    # the batch sizes.
+    # NOTE: By its nature, batch processing is subject to race conditions if
+    # other processes are modifying the database.
     def find_each(start: nil, finish: nil, batch_size: 1000, error_on_ignore: nil)
       if block_given?
         find_in_batches(start: start, finish: finish, batch_size: batch_size, error_on_ignore: error_on_ignore) do |records|
@@ -89,15 +93,19 @@ module ActiveRecord
     # * <tt>:start</tt> - Specifies the primary key value to start from, inclusive of the value.
     # * <tt>:finish</tt> - Specifies the primary key value to end at, inclusive of the value.
     # * <tt>:error_on_ignore</tt> - Overrides the application config to specify if an error should be raised when
-    #                               the order and limit have to be ignored due to batching.
+    #                               the order has to be ignored due to batching.
     #
-    # This is especially useful if you want multiple workers dealing with
-    # the same processing queue. You can make worker 1 handle all the records
-    # between id 0 and 10,000 and worker 2 handle from 10,000 and beyond
-    # (by setting the +:start+ and +:finish+ option on each worker).
+    # Limits are honored, and if present there is no requirement for the batch
+    # size, it can be less than, equal, or greater than the limit.
     #
-    #   # Let's process the next 2000 records
-    #   Person.find_in_batches(start: 2000, batch_size: 2000) do |group|
+    # The options +start+ and +finish+ are especially useful if you want
+    # multiple workers dealing with the same processing queue. You can make
+    # worker 1 handle all the records between id 1 and 9999 and worker 2
+    # handle from 10000 and beyond by setting the +:start+ and +:finish+
+    # option on each worker.
+    #
+    #   # Let's process from record 10_000 on.
+    #   Person.find_in_batches(start: 10_000) do |group|
     #     group.each { |person| person.party_all_night! }
     #   end
     #
@@ -106,8 +114,8 @@ module ActiveRecord
     # work. This also means that this method only works when the primary key is
     # orderable (e.g. an integer or string).
     #
-    # NOTE: You can't set the limit either, that's used to control
-    # the batch sizes.
+    # NOTE: By its nature, batch processing is subject to race conditions if
+    # other processes are modifying the database.
     def find_in_batches(start: nil, finish: nil, batch_size: 1000, error_on_ignore: nil)
       relation = self
       unless block_given?
@@ -149,17 +157,19 @@ module ActiveRecord
     # * <tt>:start</tt> - Specifies the primary key value to start from, inclusive of the value.
     # * <tt>:finish</tt> - Specifies the primary key value to end at, inclusive of the value.
     # * <tt>:error_on_ignore</tt> - Overrides the application config to specify if an error should be raised when
-    #                               the order and limit have to be ignored due to batching.
+    #                               the order has to be ignored due to batching.
     #
-    # This is especially useful if you want to work with the
-    # ActiveRecord::Relation object instead of the array of records, or if
-    # you want multiple workers dealing with the same processing queue. You can
-    # make worker 1 handle all the records between id 0 and 10,000 and worker 2
-    # handle from 10,000 and beyond (by setting the +:start+ and +:finish+
-    # option on each worker).
+    # Limits are honored, and if present there is no requirement for the batch
+    # size, it can be less than, equal, or greater than the limit.
     #
-    #   # Let's process the next 2000 records
-    #   Person.in_batches(of: 2000, start: 2000).update_all(awesome: true)
+    # The options +start+ and +finish+ are especially useful if you want
+    # multiple workers dealing with the same processing queue. You can make
+    # worker 1 handle all the records between id 1 and 9999 and worker 2
+    # handle from 10000 and beyond by setting the +:start+ and +:finish+
+    # option on each worker.
+    #
+    #   # Let's process from record 10_000 on.
+    #   Person.in_batches(start: 10_000).update_all(awesome: true)
     #
     # An example of calling where query method on the relation:
     #
@@ -179,19 +189,26 @@ module ActiveRecord
     # consistent. Therefore the primary key must be orderable, e.g an integer
     # or a string.
     #
-    # NOTE: You can't set the limit either, that's used to control the batch
-    # sizes.
+    # NOTE: By its nature, batch processing is subject to race conditions if
+    # other processes are modifying the database.
     def in_batches(of: 1000, start: nil, finish: nil, load: false, error_on_ignore: nil)
       relation = self
       unless block_given?
         return BatchEnumerator.new(of: of, start: start, finish: finish, relation: self)
       end
 
-      if arel.orders.present? || arel.taken.present?
-        act_on_order_or_limit_ignored(error_on_ignore)
+      if arel.orders.present?
+        act_on_ignored_order(error_on_ignore)
       end
 
-      relation = relation.reorder(batch_order).limit(of)
+      batch_limit = of
+      if limit_value
+        remaining   = limit_value
+        batch_limit = remaining if remaining < batch_limit
+        relation    = relation.limit(nil) # new relation without the limit
+      end
+
+      relation = relation.reorder(batch_order).limit(batch_limit)
       relation = apply_limits(relation, start, finish)
       batch_relation = relation
 
@@ -199,11 +216,11 @@ module ActiveRecord
         if load
           records = batch_relation.records
           ids = records.map(&:id)
-          yielded_relation = self.where(primary_key => ids)
+          yielded_relation = where(primary_key => ids)
           yielded_relation.load_records(records)
         else
           ids = batch_relation.pluck(primary_key)
-          yielded_relation = self.where(primary_key => ids)
+          yielded_relation = where(primary_key => ids)
         end
 
         break if ids.empty?
@@ -213,7 +230,20 @@ module ActiveRecord
 
         yield yielded_relation
 
-        break if ids.length < of
+        break if ids.length < batch_limit
+
+        if limit_value
+          remaining -= ids.length
+
+          if remaining == 0
+            # Saves a useless iteration when the limit is a multiple of the
+            # batch size.
+            break
+          elsif remaining < batch_limit
+            relation = relation.limit(remaining)
+          end
+        end
+
         batch_relation = relation.where(arel_attribute(primary_key).gt(primary_key_offset))
       end
     end
@@ -230,13 +260,13 @@ module ActiveRecord
       "#{quoted_table_name}.#{quoted_primary_key} ASC"
     end
 
-    def act_on_order_or_limit_ignored(error_on_ignore)
-      raise_error = (error_on_ignore.nil? ? self.klass.error_on_ignored_order_or_limit : error_on_ignore)
+    def act_on_ignored_order(error_on_ignore)
+      raise_error = (error_on_ignore.nil? ? self.klass.error_on_ignored_order : error_on_ignore)
 
       if raise_error
-        raise ArgumentError.new(ORDER_OR_LIMIT_IGNORED_MESSAGE)
+        raise ArgumentError.new(ORDER_IGNORE_MESSAGE)
       elsif logger
-        logger.warn(ORDER_OR_LIMIT_IGNORED_MESSAGE)
+        logger.warn(ORDER_IGNORE_MESSAGE)
       end
     end
   end
diff --git a/activerecord/test/cases/batches_test.rb b/activerecord/test/cases/batches_test.rb
index db71840658..2c6011489e 100644
--- a/activerecord/test/cases/batches_test.rb
+++ b/activerecord/test/cases/batches_test.rb
@@ -68,10 +68,26 @@ class EachTest < ActiveRecord::TestCase
     end
   end
 
-  def test_warn_if_limit_scope_is_set
-    assert_called(ActiveRecord::Base.logger, :warn) do
-      Post.limit(1).find_each { |post| post }
+  test 'find_each should honor limit if passed a block' do
+    limit = @total - 1
+    total = 0
+
+    Post.limit(limit).find_each do |post|
+      total += 1
     end
+
+    assert_equal limit, total
+  end
+
+  test 'find_each should honor limit if no block is passed' do
+    limit = @total - 1
+    total = 0
+
+    Post.limit(limit).find_each.each do |post|
+      total += 1
+    end
+
+    assert_equal limit, total
   end
 
   def test_warn_if_order_scope_is_set
@@ -84,7 +100,7 @@ class EachTest < ActiveRecord::TestCase
     previous_logger = ActiveRecord::Base.logger
     ActiveRecord::Base.logger = nil
     assert_nothing_raised do
-      Post.limit(1).find_each { |post| post }
+      Post.order('comments_count DESC').find_each { |post| post }
     end
   ensure
     ActiveRecord::Base.logger = previous_logger
@@ -172,26 +188,26 @@ class EachTest < ActiveRecord::TestCase
 
   def test_find_in_batches_should_not_error_if_config_overridden
     # Set the config option which will be overridden
-    prev = ActiveRecord::Base.error_on_ignored_order_or_limit
-    ActiveRecord::Base.error_on_ignored_order_or_limit = true
+    prev = ActiveRecord::Base.error_on_ignored_order
+    ActiveRecord::Base.error_on_ignored_order = true
     assert_nothing_raised do
       PostWithDefaultScope.find_in_batches(error_on_ignore: false){}
     end
   ensure
     # Set back to default
-    ActiveRecord::Base.error_on_ignored_order_or_limit = prev
+    ActiveRecord::Base.error_on_ignored_order = prev
   end
 
   def test_find_in_batches_should_error_on_config_specified_to_error
     # Set the config option
-    prev = ActiveRecord::Base.error_on_ignored_order_or_limit
-    ActiveRecord::Base.error_on_ignored_order_or_limit = true
+    prev = ActiveRecord::Base.error_on_ignored_order
+    ActiveRecord::Base.error_on_ignored_order = true
     assert_raise(ArgumentError) do
       PostWithDefaultScope.find_in_batches(){}
     end
   ensure
     # Set back to default
-    ActiveRecord::Base.error_on_ignored_order_or_limit = prev
+    ActiveRecord::Base.error_on_ignored_order = prev
   end
 
   def test_find_in_batches_should_not_error_by_default
@@ -249,6 +265,28 @@ class EachTest < ActiveRecord::TestCase
     end
   end
 
+  test 'find_in_batches should honor limit if passed a block' do
+    limit = @total - 1
+    total = 0
+
+    Post.limit(limit).find_in_batches do |batch|
+      total += batch.size
+    end
+
+    assert_equal limit, total
+  end
+
+  test 'find_in_batches should honor limit if no block is passed' do
+    limit = @total - 1
+    total = 0
+
+    Post.limit(limit).find_in_batches.each do |batch|
+      total += batch.size
+    end
+
+    assert_equal limit, total
+  end
+
   def test_in_batches_should_not_execute_any_query
     assert_no_queries do
       assert_kind_of ActiveRecord::Batches::BatchEnumerator, Post.in_batches(of: 2)
@@ -486,4 +524,78 @@ class EachTest < ActiveRecord::TestCase
       assert_equal 1, Post.find_in_batches(:batch_size => 10_000).size
     end
   end
+
+  [true, false].each do |load|
+    test "in_batches should return limit records when limit is less than batch size and load is #{load}" do
+      limit      = 3
+      batch_size = 5
+      total      = 0
+
+      Post.limit(limit).in_batches(of: batch_size, load: load) do |batch|
+        total += batch.count
+      end
+
+      assert_equal limit, total
+    end
+
+    test "in_batches should return limit records when limit is greater than batch size and load is #{load}" do
+      limit      = 5
+      batch_size = 3
+      total      = 0
+
+      Post.limit(limit).in_batches(of: batch_size, load: load) do |batch|
+        total += batch.count
+      end
+
+      assert_equal limit, total
+    end
+
+    test "in_batches should return limit records when limit is a multiple of the batch size and load is #{load}" do
+      limit      = 6
+      batch_size = 3
+      total      = 0
+
+      Post.limit(limit).in_batches(of: batch_size, load: load) do |batch|
+        total += batch.count
+      end
+
+      assert_equal limit, total
+    end
+
+    test "in_batches should return no records if the limit is 0 and load is #{load}" do
+      limit      = 0
+      batch_size = 1
+      total      = 0
+
+      Post.limit(limit).in_batches(of: batch_size, load: load) do |batch|
+        total += batch.count
+      end
+
+      assert_equal limit, total
+    end
+
+    test "in_batches should return all if the limit is greater than the number of records when load is #{load}" do
+      limit      = @total + 1
+      batch_size = 1
+      total      = 0
+
+      Post.limit(limit).in_batches(of: batch_size, load: load) do |batch|
+        total += batch.count
+      end
+
+      assert_equal @total, total
+    end
+  end
+
+  test 'error_on_ignored_order_or_limit= is deprecated' do
+    begin
+      prev = ActiveRecord::Base.error_on_ignored_order
+      assert_deprecated 'Please use error_on_ignored_order= instead.' do
+        ActiveRecord::Base.error_on_ignored_order_or_limit = true
+      end
+      assert ActiveRecord::Base.error_on_ignored_order
+    ensure
+      ActiveRecord::Base.error_on_ignored_order = prev
+    end
+  end
 end