Lime (material)Lime is an inorganic material composed primarily of calcium oxides and hydroxides, usually calcium oxide and/or calcium hydroxide. It is also the name for calcium oxide which occurs as a product of coal-seam fires and in altered limestone xenoliths in volcanic ejecta. The International Mineralogical Association recognizes lime as a mineral with the chemical formula of CaO. The word lime originates with its earliest use as building mortar and has the sense of sticking or adhering.