1550s, "resembling or coated with lime," from lime (n.1) + -y (2). Of soil, etc., "containing lime," 1670s. Related: Liminess.
Entries linking to limy
lime n.1
"chalky, sticky mineral used in making mortar," from Old English lim "sticky substance, birdlime;" also "mortar, cement, gluten," from Proto-Germanic *leimaz (source also of Old Saxon, Old Norse, Danish lim, Dutch lijm, German Leim "birdlime"), from PIE root *(s)lei- "slime, slimy, sticky" (source also of Latin limus "slime, mud, mire," linere "to smear;" see slime (n.)).
Bird-lime is prepared from the bark of the holly, it was spread on twigs and used for catching small birds. The lime used in building, etc. is made by putting limestone or shells in a red heat, which burns off the carbonic acid and leaves a brittle white solid which dissolves easily in water. Hence lime-kiln (late 13c.), lime-burner (early 14c.). As a verb, c. 1200, from the noun.
-y 2
adjective suffix, "full of or characterized by," from Old English -ig, from Proto-Germanic *-iga- (source also of Dutch, Danish, German -ig, Gothic -egs), from PIE -(i)ko-, adjectival suffix, cognate with elements in Greek -ikos, Latin -icus (see -ic). Originally added to nouns in Old English; used from 13c. with verbs, and by 15c. even with other adjectives (for example crispy). Adjectives such as hugy, vasty are artificial words that exist for the sake of poetical metrics.