Learnings.org

A fancy way of saying rules don't apply to something. Typically the product of exploiting a loophole in the system that allows privileged individuals a means to circumvent the system of rules applied to everyone else.

As in...
Yes, it is true that he did run his previous company into the ground and cooked the books resulting in an adverse state of affairs. However, upon leaving prison, he wrote "I shall not steal" 10 times on the chalkboard which the board agrees mitigates concerns over felons placed in positions of public trust.

Actually, this definition sucks. Let me add my own. You can also share "mitigate" with a friend or share it on Twitter.