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loophole

2 ENTRIES FOUND:

1loop·hole

noun \ˈlüp-ˌhōl\

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

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