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
After numerous requests, the recycling startup still declined to offer supporting docs helping validate the $50M tranche.
The first tranche of federal assistance will arrive in Texas and Louisiana less than two weeks after Harvey slammed into Galveston and then flooded Houston with more than 50 inches of rain.
Atlante 2, a private bank-rescue fund, will buy most of the mezzanine and junior tranches for €1.6bn; the senior debt will be sold on the market, partly backed by a state-guarantee scheme.
The government is also considering reducing the number of tranches for advance tax payments.
House investigators are expected to quiz Stone about his advance knowledge of the release of a tranche of embarrassing emails from the account of Hillary Clinton campaign chief John Podesta by WikiLeaks during the heat of the campaign.
The publications sparked a media stampede as they were doled out one batch at a time, with many news organizations tasking reporters with scrolling through the thousands of emails being released in tranches.
Two other tranches of the catastrophe bond were against major hurricanes—for $100 million on the Atlantic coast and $110 million on the Pacific coast.
McDonald’s sold C$1 billion of bonds, while Bell priced C$1.5 billion in two tranches last week.
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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