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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 trenchier, meaning “to cut,” which has its likely origin in a Latin word meaning “to cut in three,” from Latin trini meaning “three each.” Tranche emerged in the English language in the late 19th century to refer to a division or portion of a larger pool or whole, and later developed a finance-specific meaning referring to an offering for sale of typically a set of bonds “cut” from a larger group of bonds, the tranche being differentiated by such factors as maturity or rate of return.
Examples of tranche in a Sentence
Bilal Hussain, Bloomberg, 21 Apr. 2026
With the other two tranches of cash, these funds would roughly equal 15% of Hungary's GDP, according to an analysis by Jeremy Cliffe at the European Council on Foreign Relations.
—ABC News, 17 Apr. 2026
Per the compensation formula, the stock performance led the tranche to vest at 200% of the target amount, according to the filing.
—Dade Hayes, Deadline, 16 Apr. 2026
This year’s celestial blackout won’t be visible from North America in the same way, though, but will rather throw shade onto a tranche of Western Europe for up to two minutes and 18 seconds.
—Mark Ellwood, Robb Report, 14 Apr. 2026
See All Example Sentences for tranche
Cite this Entry
“Tranche.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tranche. Accessed 23 Apr. 2026.
Copy CitationLegal Definition
tranche
nounFrench, literally, slice, from Old French, from trenchier, trancher to cut
