Final answer:
A loophole is a gap or deficiency in a rule or law that can be exploited to one's advantage. The story 'Loopholes' explores the theme of finding and using these gaps in rules.
Step-by-step explanation:
A loophole is a gap or deficiency in a rule or law that allows someone to exploit it to their advantage. In the context of the story titled 'Loopholes', the author Trevor means that the story revolves around finding and using these gaps or exceptions in rules. The characters in the story may have discovered ways to navigate or get around certain obstacles or regulations.