tranche

[ trahnch, trahnsh; French trahnsh ]

/ trɑntʃ, trɑ̃ʃ; French trɑ̃ʃ /

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noun

Finance.

one part or division of a larger unit, as of an asset pool or investment: The loan will be repaid in three tranches.
a group of securities that share a certain characteristic and form part of a larger offering: The second tranche of the bond issue has a five-year maturity.

any part, division, or installment: We’ve hired the first tranche of researchers.

verb (used with object), tranched, tranch·ing.

Finance. to divide into parts: tranched debt;A credit portfolio can be tranched into a variety of components that are then further subdivided.

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Origin of tranche

1930–35; <French: literally, ‘a slice’ <Old French, <trenchier, trancher ‘to cut’; see trench

Words nearby tranche

tramp steamer, tramroad, tramway, trance, trance out, tranche, tranchet, Trandate, tranexamic acid, tranfd., trangam

How to use tranche in a sentence

The initial tranche of 25 million doses will include shots already authorized for emergency use in the United States, produced by Pfizer-BioNTech, Moderna and Johnson & Johnson.
U.S. details global coronavirus vaccine plan, with first 25 million doses headed to Asia, Latin America, Caribbean, Africa|Dan Diamond, Emily Rauhala, Laurie McGinley|June 3, 2021|Washington Post
The oligarch tried to clarify things on his Facebook page: “The first $10,000 tranche is finished,” he said.
Ukraine’s Billionaire Bounty-Hunting Club|Oleg Shynkarenko|April 19, 2014|DAILY BEAST
The tranche was recently acquired by the Harry Ransom Center, where I work.
Letter Writing in the Digital Age: Emails and Correspondence of Russell Banks & Others|Megan Barnard|October 11, 2012|DAILY BEAST
A caretaker administration could work with European leaders and disburse the next tranche of bailout money.
Bromance Subplot to Greek Crisis|David A. Graham|November 5, 2011|DAILY BEAST

From the word "Tranche" it might be supposed that it was a relic of the Great War.
Verdun Argonne-Metz 1914-1918|Anonymous
Il ne s'meut pas davantage; et demanda pour toute grace d'avoir seulement la tte tranche.
Anne of Geierstein, Volume I (of 2)|Sir Walter Scott
The front cut the "tranche de Calonne" a little to the south-west of Saint-Rmy.
Verdun Argonne-Metz 1914-1918|Anonymous
The second coat of Adam, says this writer, was ‘paly tranche, divided every way and tinctured of every colour.’
The Curiosities of Heraldry|Mark Antony Lower
Cela (he would add with a grim smile) tranche la difficulte.
Studies in the Psychology of Sex, Volume 5 (of 6)|Havelock Ellis

British Dictionary definitions for tranche

tranche

/ (trɑːnʃ) /

noun

a portion or instalment, esp of a loan or share issue

Word Origin for tranche

from French, literally: a slice

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012