[
US
/ˈɫupˌhoʊɫ/
]
[ UK /lˈuːphəʊl/ ]
[ UK /lˈuːphəʊl/ ]
NOUN
- a small hole in a fortified wall; for observation or discharging weapons
- an ambiguity (especially one in the text of a law or contract) that makes it possible to evade a difficulty or obligation
How To Use loophole In A Sentence
- It has changed the law to shut loopholes and successfully challenged many schemes in court. Times, Sunday Times
- The very fact of their being on front pages often highlights a legal loophole. Times, Sunday Times
- The result is a hugely complex tax system full of loopholes. Times, Sunday Times
- As a self-confessed occasional HYS commenter on the BBC, it seems even their 'moderators' are tarnished by the bias and the 'house rules' are taken from their 'little labour book of creating wooly, abusable, and loopholed and rules and laws'. OPEN THREAD
- There were so many loopholes and shelters that only the chumps got that big of a bite taken out of their pockets - hench the alternative minimum tax was created. Matthew Yglesias » The Case for More Tax Brackets
- Paying it back with a gradual increase in progressivity and closing loopholes is well within the realm of Keynesian theory. Matthew Yglesias » Budgeting, Pence-Style
- Brad DeLong has some good advice about the tax system: eliminate loopholes for the affluent and raise top marginal rates and uncap FICA.
- Other private placements are designed mainly for issuers, often to exploit tax loopholes.
- Every law has a loophole.
- There are few, if any, ambiguities and no apparent loopholes or omissions.