loophole

UK /ˈluːphəʊl/ US /ˈluphoʊl/
noun 2verb 2

Collocations

6
1

(noun.)

ADJ

legal, security, tax

VERB + LOOPHOLE

find

exploit, use

Clever accountants found a loophole in the new regulations to save their clients money.

close, plug, tighten

The government plans to plug loopholes that allow wealthy companies to avoid paying fair taxes.

LOOPHOLE + VERB

allow sb/sth, enable sb/sth

A legal loophole allowed the company to avoid paying taxes for several years.

PREP

~ in

The company found a loophole in the tax law that allowed them to pay less money.

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