tranche

noun \ ˈträⁿsh \

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

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Recent Examples of tranche from the Web

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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.

Origin and Etymology of tranche

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


Law Dictionary

tranche

noun \ ˈträⁿsh \

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

Origin and Etymology of tranche

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


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to conform or adhere

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