A Loophole For Lifetime Fitness Membership Fees Was Discovered
The meaning of LOOPHOLE is 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. LOOPHOLE definition: 1. a small mistake in an agreement or law that gives someone the chance to avoid having to do…. Learn more. A loophole in the law is a small mistake which allows people to do something that would otherwise be illegal. A loophole is an accidental technicality or unclear section of a written document that allows someone to avoid following a rule or fulfilling an obligation. If you've discovered a way to get out of paying taxes on … 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.
Definition of loophole noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.