What is the meaning of Loophole?

Loophole is a technicality in some legislation or regulation that makes it possible to avoid certain consequences or circumvent a rule without breaking the law, such as in the use of a tax shelter.

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APABarry Goldsmith. (2010). loophole. Retrieved September 23, 2026, from http://smartdefine.org/loophole/definitions/1157571
ChicagoBarry Goldsmith. 2010. "loophole" http://smartdefine.org/loophole/definitions/1157571 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, loophole, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/loophole/definitions/1157571>.
MLABarry Goldsmith. "loophole" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/loophole/definitions/1157571>
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