- 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.
verb (used with object), tranched, tranch·ing.
- trance out,
- tranexamic acid,
Origin of tranche
Examples from the Web for tranche
The oligarch tried to clarify things on his Facebook page: “The first $10,000 tranche is finished,” he said.
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
The 'chose vue,' the 'tranche de la vie'—this was the thing to aim at.And Even Now|Max Beerbohm
Cela (he would add with a grim smile) tranche la difficulte.Studies in the Psychology of Sex, Volume 5 (of 6)|Havelock Ellis
The front cut the "tranche de Calonne" a little to the south-west of Saint-Rmy.
From the word "Tranche" it might be supposed that it was a relic of the Great War.
A country can draw no more than 25% of its quota in the first tranche of a loan that it receives from the IMF.After the Rain|Sam Vaknin
Word Origin for tranche
c.1500, from French tranche, from trancher, trencher "to cut" (see trench). Economic sense is from 1930.