This option is relevant only for homogeneous matrices.
i1 : R = ZZ/101[x,y,z,w];
i2 : I = ideal(x*y-z^2,y^2-w^2) 2 2 2 o2 = ideal (x*y - z , y - w ) o2 : Ideal of R
i3 : gb(I,DegreeLimit => 2) o3 = {0} | y2-w2 xy-z2 | o3 : GroebnerBasis
i4 : gb(I,DegreeLimit => 3) o4 = {0} | y2-w2 xy-z2 yz2-xw2 | o4 : GroebnerBasis