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
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021
Example sentences from the Web for tranche
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
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