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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That tranche will be the largest the United States has sent to Ukraine since a $1 billion shipment was announced in April. —

Democrat-Gazette Staff From Wire Reports, arkansasonline.com, 6 Dec. 2024 The new tranche will be the single largest that the United States has sent to Ukraine since a $1 billion shipment was announced April 24, just days after the House approved new aid to the country after a monthslong hold. —

John Ismay, New York Times, 3 Dec. 2024 But for those who consider $20,000 a rounding error and missed the first tranche of Foundation Series Cyberbeasts, both models are now back up on Tesla’s inventory page. —

Brooke Crothers, Forbes, 30 Nov. 2024 Long-only investors have covered the entire international tranche of Tokyo Metro’s IPO, Bloomberg News reported last week. —

Jason Ma, Fortune Asia, 14 Oct. 2024 See all Example Sentences for tranche