{"iri":"https://lexicon.financial/legal/tax/irs/Pub334/SignificantlyModifiedDebt","label":"Significantly modified debt","definition":"Debt whose terms have been altered enough to be treated as a new instrument under Treasury Regulations § 1.1001-3 — an exception to the general charge-off rule for bad-debt deductions when the holder has recognized gain on the modification.","license":"https://www.usa.gov/government-copyright","source":"irs","source_url":"https://www.irs.gov/publications/p334"}