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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The International Film Festival Rotterdam revealed the lineups of its Tiger, Big Screen and Tiger Short competition sections Tuesday, and the first tranche of speakers for the Talks program, who include Cate Blanchett and Guy Maddin. —

Leo Barraclough, Variety, 17 Dec. 2024 The first tranche of Apple Intelligence features dropped in October with the iOS 18.1. —

Emily Dreibelbis Forlini, PCMAG, 17 Dec. 2024 What’s In The Release For U.S. users, this release includes the second, and by far the biggest, tranche of Apple Intelligence features. —

David Phelan, Forbes, 11 Dec. 2024 About half of the first tranche of payments will be made through PayPal, and the other half will be checks. —

Megan Cerullo, CBS News, 9 Dec. 2024 See all Example Sentences for tranche