| || InvestHub.com's |
Finance Dictionary and Glossary of Investment Terms
A technicality that allows a person or business to avoid the scope of a law without directly violating the law.
A technicality in some legislation or regulation that makes it possible to avoid certain consequences or circumvent a rule without breaking the law, such as in the use of a tax shelter.
An unintentional characteristic of a law which allows one to circumvent the law's intention without actually breaking that law. Often occurs in tax law.