tranche was our Word of the Day on 05/06/2016. Hear the podcast!
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Recent Examples of tranche from the Web
Before long, there was a feast spread on the table, including thin tranches of smoked moose, roasted and seared with maple syrup, made from the sap of a nearby tree.
That was followed by another tranche of about $36.5 billion in October for general disaster relief, about half of which was expected to benefit Texas.
The fund froze the second tranche of the loan last year because reforms were moving too slowly.
The interest rates on those tranches ranged between 2.2 percent and 4.1 percent.
Those investors owning lower tranches tend to get paid more but are subject to higher losses if the swaps sour.
Bigfoot Biomedical, a medical device company using artificial intelligence which aims to optimize insulin delivery, raised $37 million in the initial tranche of a Series B equity funding.
But when did the FBI dig up and turn over that very first tranche?
At the bottom sits the equity tranche, the first loss-absorber and last to get paid, but the highest potential source of returns.
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.
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.
legal Definition of tranche
Origin and Etymology of tranche
Seen and Heard
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