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LOOPHOLE definition: 1. a small mistake in an agreement or law that gives someone the chance to avoid having to do…. Learn more.
loophole: [noun] a small opening through which small arms may be fired. a similar opening to admit light and air or to permit observation.
loophole: 1 n an ambiguity (especially one in the text of a law or contract) that makes it possible to evade a difficulty or obligation Type of: ambiguity an expression whose meaning cannot be determined from its context n a small hole in a fortified wall; for observation or discharging weapons Type of: hole an opening deliberately made in or ...
Loophole definition: a means of escape or evasion; a means or opportunity of evading a rule, law, etc.. See examples of LOOPHOLE used in a sentence.
loophole (in something) a mistake in the way a law, contract, etc. has been written that enables people to legally avoid doing something that the law, contract, etc. had intended them to do a legal/tax loophole; a law designed to close any loopholes in tax
3 meanings: 1. an ambiguity, omission, etc, as in a law, by which one can avoid a penalty or responsibility 2. a small gap or.... Click for more definitions.
LOOPHOLE meaning: a mistake in an agreement or law which gives someone the chance to avoid having to do something. Learn more.
A loophole is an ambiguity or inadequacy in a system, such as a law or security, which can be used to circumvent or otherwise avoid the purpose, implied or explicitly stated, of the system.. Originally, the word meant an arrowslit, a narrow vertical window in a wall through which an archer (or, later, gunman) could shoot. Loopholes were commonly used in U.S. forts built during the 1800s. Located in the sally port, a loophole was considered a last ditch defense, where guards could close off ...
Loophole definition: A way of avoiding or escaping a cost or legal burden that would otherwise apply by means of an omission or ambiguity in the wording of a contract or law.
LOOPHOLE meaning: an error in the way a law, rule, or contract is written that makes it possible for some people to legally avoid obeying it
