tranche
- 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.
- Finance. to divide into parts: tranched debt; A credit portfolio can be tranched into a variety of components that are then further subdivided.
Origin of tranche
Examples from the Web for tranche
Contemporary Examples of 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 & OthersMegan Barnard
October 11, 2012
Historical Examples of tranche
From the word "Tranche" it might be supposed that it was a relic of the Great War.
Verdun Argonne-Metz 1914-1918Anonymous
The 'chose vue,' the 'tranche de la vie'—this was the thing to aim at.
And Even NowMax Beerbohm
The first tranche is available to any country, which demonstrates efforts to overcome its BOP problems.
After the RainSam Vaknin
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 RainSam Vaknin
The front cut the "tranche de Calonne" a little to the south-west of Saint-Rmy.
Verdun Argonne-Metz 1914-1918Anonymous
tranche
- a portion or instalment, esp of a loan or share issue
Word Origin for tranche
Word Origin and History for tranche
c.1500, from French tranche, from trancher, trencher "to cut" (see trench). Economic sense is from 1930.