Meaning

noun capital and largest city and economic center of Peru; located in western Peru; was capital of the Spanish empire in the New World until the 19th century

originBorrowed from Spanish Lima, in turn, borrowed from Classical Quechua Limaq (“the one who speaks”), cognate with modern Quechua rimaq, from the name of a sanctuary identified as the Huaca de Santa Ana. The variation of /r/ > /l/ is product of the former "coastal" variety of Quechua spoken around modern-day Lima. The drop of final /q/ could be attributed either to another characteristic of Coastal…

Etymology from Wiktionary, CC BY-SA 3.0