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loopholes
 

Definitions from WordNet

Noun loophole has 2 senses
  1. loophole - an ambiguity (especially one in the text of a law or contract) that makes it possible to evade a difficulty or obligation
    --1 is a kind of     ambiguity
  2. loophole - a small hole in a fortified wall; for observation or discharging weapons
    --2 is a kind of     hole

Definitions from the Web

Loopholes

Definition: Loopholes are the gaps or deficiencies in laws, rules, or contracts that allow people to exploit or avoid certain obligations or restrictions.

Examples

  1. Noun: Tax loopholes can enable businesses and individuals to minimize their tax liabilities legally.
  2. Noun: The contract had several loopholes that the cunning party used to their advantage.
  3. Noun: The government is working on closing the loopholes in the legislation to prevent insider trading.
  4. Noun: Exploiting legal loopholes, the defendant managed to avoid conviction.
  5. Related adjective: The lawyer found a clever and unexpected loophole in the case.
  6. Related verb: Some companies exploit loopholes to bypass regulations and gain unfair advantages.

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