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Loophole (1)
LOOPHOLE (1)

Definition: [ ~ (in something) ] A mistake in the way a law, contract, etc. has been written which enables people to legally avoid doing something that the law, contract, etc. had intended them to do.
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* All six elements would be in.


1. Not knowingly or deliberately created.

2. Not so 'big'. That is, not so obvious/strange that it should not have gone unnoticed during the process of enactment, drafting, etc.

3. Will bring a gain when exploited or taken advantage of.

4. Will cause a loss to a system, project, etc., when 'explored'.

5. Can be plugged, closed or blocked, before or after bringing a gain and/or causing some loss.

6. No 'adjustment' or 'correction' can be made after mistake is realized. That is, gain that would have been made cannot be lost or loss incurred will not be possible to be recouped.
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See perfect OPT-OUT (2).
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See perfect OUT.

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