Meaning of loophole

loop•hole

Pronunciation: (lp'hōl"), [key]
— n., v., -holed, -hol•ing.
—n.
  1. a small or narrow opening, as in a wall, for looking through, for admitting light and air, or, particularly in a fortification, for the discharge of missiles against an enemy outside. See illus. under
  2. an opening or aperture.
  3. a means of escape or evasion; a means or opportunity of evading a rule, law, etc.: There are a number of loopholes in the tax laws whereby corporations can save money.
—v.t.
  1. to furnish with loopholes.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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