loophole


1loop·hole

noun \ˈlüp-ˌhōl\

: an error in the way a law, rule, or contract is written that makes it possible for some people to legally avoid obeying it

Full Definition of LOOPHOLE

1
a :  a small opening through which small arms may be fired
b :  a similar opening to admit light and air or to permit observation
2
:  a means of escape; especially :  an ambiguity or omission in the text through which the intent of a statute, contract, or obligation may be evaded

Examples of LOOPHOLE

  1. She took advantage of a loophole in the tax law.
  2. His attorney has been hunting for a loophole that would allow him to get out of the deal.
  3. tried to close a loophole in the new legislation

Origin of LOOPHOLE

1loop
First Known Use: 1591

Other Legal Terms

actionable, alienable, carceral, chattel, complicity, decedent, larceny, malfeasance, modus operandi

2loophole

verb

Definition of LOOPHOLE

transitive verb
:  to make loopholes in

First Known Use of LOOPHOLE

1664

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