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The site shows example sentences for English words. How the word or phrase could be used in a sentence?
" ... Ex: A owns a primary residnece with a basis of $500,000 that is subject to a recourse mortgage with a balance of $400,000. After the property declines in value to $300,000, the lender and A agree to enter into a short sale. As a result, A sells the home to an unrelated buyer, B for $300,000. A remits the $300,000 sales price to the lender in settlement of the $400,000 debt, leaving A with a $100,000 remaining deficiency. If the lender forgives the remaining deficiency, A will recognize $100,000 of COD income. ... "