tranche

noun

ˈträⁿsh

: 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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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

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Correction: On Thursday, the U.S. Department of Defense announced a $500 million aid tranche for Ukraine. —

Ruxandra Iordache, CNBC, 10 Jan. 2025 You May Also Like Related Articles The Via Manzoni 9 building is owned by Merope Asset Management, which bought the property in three acquisition tranches between December 2019 and February 2020, the asset management firm said on its website. —

Sofia Celeste, WWD, 9 Jan. 2025 Pentagon Deputy Press Secretary Sabrina Singh said drones would feature in the tranche of aid but did not specify which types of UAVs would be delivered to Ukraine. —

Dan Perry, Newsweek, 2 Jan. 2025 The rest of the expansion fee will be paid in tranches, Sportico previously reported. —

Eben Novy-Williams, Sportico.com, 2 Jan. 2025 See all Example Sentences for tranche