tranche

noun
\ ˈträⁿsh How to pronounce tranche (audio) \

Definition of tranche

: a division or portion of a pool or whole specifically : an issue of bonds derived from a pooling of like obligations (such as securitized mortgage debt) that is differentiated from other issues especially by maturity or rate of return

Finance and Tranche

In French, tranche means "slice." Cutting deeper into the word's etymology, we find the Old French word trancer, meaning "to cut." Tranche emerged in the English language in the late 19th century to describe financial appropriations. Today, it is often used specifically of an issue of bonds that is differentiated from other issues by such factors as maturity or rate of return. Another use of the French word tranche is in the French phrase une tranche de vie, meaning "a cross section of life." That phrase was coined by the dramatist Jean Jullien (1854-1919), who advocated naturalism in the theater.

Examples of tranche in a Sentence

Recent Examples on the Web The former president sued the committee and Archives in October to block the disclosure of the records, and the case wound up before the Supreme Court, which declined to stop release of the tranche to the House. Jacob Rosen, CBS News, 8 Feb. 2022 The Biden administration has completed contracts for 380 million of the first tranche of 500 million tests, White House press secretary Jen Psaki said. Brianna Abbott, WSJ, 13 Jan. 2022 Over the course of a couple of meetings last fall, city leaders allocated $179 million of the first tranche to initiatives that included affordable housing and lead paint abatement. Alison Dirr, Journal Sentinel, 17 June 2022 The range finder, called a JIM LR, is like a pair of high-tech binoculars and likely part of the tranche of equipment supplied by the United States, said Sergeant Pysanka. New York Times, 6 June 2022 Under a plan endorsed by the committee Wednesday, $75 million of the second tranche would be used to maintain service levels in 2023 with additional ARPA funding for services in 2024 left undetermined. Alison Dirr, Milwaukee Journal Sentinel, 5 May 2022 With the second tranche of hundreds of millions of dollars in federal pandemic aid expected to soon land in Milwaukee city and county coffers, officials are facing new decisions on how to spend the historic sums. Alison Dirr, Journal Sentinel, 17 June 2022 The second tranche of new Eastman emails involves a Dec. 24, 2020, discussion with Trump campaign officials and Wisconsin lawyer Kenneth Chesebro. Peter Weber, The Week, 16 June 2022 But the reallocation of the second tranche of funds to those facing higher demand won't begin until the end of March. Sarah Ewall-wice, CBS News, 24 Feb. 2022 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'tranche.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of tranche

1893, in the meaning defined above

History and Etymology for tranche

French, literally, slice, from Old French, from trenchier, trancher to cut — more at trench

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Time Traveler for tranche

Time Traveler

The first known use of tranche was in 1893

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Dictionary Entries Near tranche

trancedly

tranche

tranche de vie

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Statistics for tranche

Last Updated

6 Aug 2022

Cite this Entry

“Tranche.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tranche. Accessed 16 Aug. 2022.

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More Definitions for tranche

tranche

noun
\ ˈträⁿsh How to pronounce tranche (audio) \

Legal Definition of tranche

: a division or portion of a pool or whole: as
a : an issue of bonds derived from a pooling of like obligations that is differentiated from other issues especially by maturity or rate of return
b : a bond series issued for sale in a foreign country

History and Etymology for tranche

French, literally, slice, from Old French, from trenchier trancher to cut

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