26984 words

loophole

3 definitions • 6 examples
1
a small mistake in an agreement or law that gives someone the chance to avoid having to do something:
2
an opportunity to legally avoid an unpleasant responsibility, usually because of a mistake in the way rules or laws have been written:

Examples:

The new law is designed to close most of the tax loopholes.
3
a failure to include something in an agreement or law, which allows someone to do something illegal or to avoid doing something:

Examples:

They plan to close a loophole that allows businesses to avoid paying off redundant workers.
a corporate/legal/tax loophole He has pledged to close a tax loophole that has allowed US firms to take business and jobs abroad.
a loophole in sth Determined landlords found it easy to exploit loopholes in the law.

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