tranche

\ 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 Example Sentences Learn More about tranche

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 In late June, California plans to open another tranche of state park campgrounds for visitors. — David Ferry, SFChronicle.com, "Everything you need to know about camping in California this summer," 25 June 2020 This latest tranche of Amazon jobs will be viewed with some envy from other English-speaking African countries with high youth employment and digital literacy including Nigeria and Kenya. — Uwagbale Edward-ekpu, Quartz Africa, "Amazon has added 3,000 jobs in South Africa for Alexa and customers in US, Europe," 19 June 2020 It was transferred to special servicing, and the junior tranche of a security backed by the debt was downgraded three notches to CCC by Standard & Poor’s in March. — Natalie Wong, Bloomberg.com, "American Dream Leaves Clan Behind Mall Empire Mired in Debt," 11 June 2020 While the first tranche of the PPP ran out in 14 days, much of the second still remains unspent, with some $150 billion still on the table. — Lucinda Shen, Fortune, "As major scooter companies struggle, upstarts seek inroads," 4 June 2020 The fifth tranche of the project will be auctioned this month. — Lorena Rios, Dallas News, "Mexico’s economic reopening starts next week with Cancun, Tulum beaches," 1 June 2020 The White House, over the past number of weeks, has delivered a series of tranches of ventilators and other personal protective equipment. — Linda Qiu, New York Times, "Trump Falsely Claims ‘Ultimate Authority’ to Override States’ Virus Measures," 14 Apr. 2020 CLOs fared well in the 2008 crisis, with none of the highest-rating tranches defaulting. — Washington Post, "CLOs: Corporate Loans Sliced, Diced and Worrisome," 30 Mar. 2019 The troubling statistics were released last week in a tranche of data from the Census Bureau. — Author: Alyssa Fowers, William Wan, Anchorage Daily News, "A third of Americans now show signs of clinical anxiety or depression, Census Bureau finds," 27 May 2020

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.

Keep scrolling for more

Learn More about tranche

Listen to Our Podcast about tranche

Theme music by Joshua Stamper ©2006 New Jerusalem Music/ASCAP

Dictionary Entries near tranche

Statistics for tranche

Last Updated

30 Jun 2020

Cite this Entry

“Tranche.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tranche. Accessed 12 Jul. 2020.

Keep scrolling for more

WORD OF THE DAY

frisson

See Definitions and Examples »

Test Your Vocabulary

Words for Summer: A Quiz

Which of the following words means “of or relating to summer”?

Can you spell these 10 commonly misspelled words?

Test Your Knowledge - and learn some interesting things along the way.