Meaning LOOPHOLE: 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
More terms such as Loophole in Dictionary L.
- Definition Leaves:
- Examples of general equities. Remains to buy or sell of a previously entered order after a report of partial execution has been given. If the floor broker to buy 20M IBM at $115, and he then buys 6M at this loophole definition.
- Definition Lending Securities:
- Examples Securities borrowed from a broker's inventory, from another customer's margin account, or from another broker, when a customer is required to deliver on a short sale loophole explain.
- Definition Loose Credit:
- Examples Policy by the Federal Reserve Board to make loans less expensive and more available by reducing interest rates through open market operations loophole what is.
- Definition Late Tape:
- Examples A delay in the display of price changes on the tape of an exchange because of heavy trading. In severe instances the first digit of each price is intentionally deleted loophole meaning.
- Definition Liquid Yield Option Note (LYON):
- Examples Zero-coupon, callable, putable, convertible bond developed by Merrill Lynch ; Co loophole abbreviation.
