: 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 The European Film Academy has revealed the first tranche of film titles that members can consider for nominations for the European Film Awards, which take place on Dec. 7 in Lucerne, Switzerland. Leo Barraclough, Variety, 14 Aug. 2024 Jean-Luc Brunel Long suspected of steering underage girls to Epstein, Brunel features throughout the tranche of legal papers. New York Daily News, 6 Jan. 2024 Almost 3,000 signatures were discounted upon review, which is the next step in the verification process, and a second tranche of 1,428 the group submitted Monday failed to meet state code requirements, LaVoie said. Lia Russell, Baltimore Sun, 30 July 2024 The offering comprises two tranches: $1 billion in 4.90% senior notes due in 2034, and $800 million in 5.40% senior notes due in 2054. Todd Spangler, Variety, 30 July 2024 See all Example Sentences for tranche 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'tranche.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

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

First Known Use

1893, in the meaning defined above

Time Traveler
The first known use of tranche was in 1893

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Dictionary Entries Near tranche

Cite this Entry

“Tranche.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tranche. Accessed 23 Aug. 2024.

Legal Definition

tranche

noun
: 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
Etymology

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

Last Updated: - Updated example sentences
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