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

Keep scrolling for more

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 Treasury Department distributed the first tranche of money from the American Rescue Plan -- $105 billion -- earlier this month. Katie Lobosco And Tami Luhby, CNN, 26 May 2021 The American Rescue Plan Act (ARPA) included $350 billion in direct aid to states and localities and the law requires the U.S. Department of Treasury to distribute the first tranche by May 10. Liz Farmer, Forbes, 6 May 2021 Lamont also proposed using the latest tranche of federal aid to bolster compensation further, though not at the level sought by the unions. Keith M. Phaneuf, courant.com, 5 May 2021 When the state received the first tranche of money last spring, Texas used the new money to support the existing budget, passing along few additional dollars to schools. Emily Donaldson, Dallas News, 6 Apr. 2021 Romania expects next week to receive the first tranche of a 4 billion-euro EU support program to mitigate unemployment risks, known as SURE, according to Orban. Irina Vilcu, Bloomberg.com, 19 Nov. 2020 Basically, states, counties, and cities will get a tranche of money from a pot of funds made possible by that stimulus law, and they’ll be allowed to distribute it to households that have experienced hardship because of the pandemic. Andy Meek, BGR, 19 May 2021 The hackers who infiltrated the D.C. police computers, identifying themselves as Babuk, have been posting personnel files and a tranche of internal intelligence documents on the dark web, seeking money in exchange for removing the data. Washington Post, 17 May 2021 The fourth and final tranche of tariffs hit in September 2019. Josh Zumbrun, WSJ, 12 May 2021

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.

See More

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

Keep scrolling for more

Learn More about tranche

Time Traveler for tranche

Time Traveler

The first known use of tranche was in 1893

See more words from the same year

Listen to Our Podcast about tranche

Statistics for tranche

Last Updated

7 Jun 2021

Cite this Entry

“Tranche.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tranche. Accessed 13 Jun. 2021.

Style: MLA
MLACheck Mark Icon ChicagoCheck Mark Icon APACheck Mark Icon Merriam-WebsterCheck Mark Icon

Keep scrolling for more

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

WORD OF THE DAY

Test Your Vocabulary

Name that Thing: Dog Breeds

Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
 AlphaBear 2

Spell words. Make bears.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!