Meaning of the word loophole in English

What does loophole mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

loophole

US /ˈluːp.hoʊl/
UK /ˈluːp.həʊl/
"loophole" picture

Noun

an ambiguity or inadequacy in a system, law, or contract which can be used to circumvent or avoid it

Example:
They found a legal loophole to avoid paying taxes.
The contract had a loophole that allowed early termination.