loopholes

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Definitions from WordNet

Noun loophole has 2 senses

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
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

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

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