C1nounlawmoney
US/ˈluːp.hoʊl/
UK/ˈluːp.həʊl/
a weakness in a law or contract that lets people legally avoid doing what it requires
In context
Rich companies use tax loopholes to pay less than ordinary workers.
The government promised to close the loophole by the end of the year.
His lawyer found a loophole in the contract that allowed him to leave early.
Words that go with loophole
noun + noun
- tax loopholeThe new law closes a tax loophole used by big firms.
verb + noun
- close a loopholeParliament voted to close the loophole last week.
- exploit a loopholeSome landlords exploit a loophole to avoid repairs.
- find a loopholeClever accountants always find a loophole.
adjective + noun
- legal loopholeHe escaped prison because of a legal loophole.
noun + preposition
- loophole inHackers found a loophole in the security rules.