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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
Grant Smith, Fortune, 3 Nov. 2024
Then there’s the huge tranche of footage filled with little banalities, like the regular ritual of producers collecting participants for organized trips to the bathroom, or the small areas of the lounges that rarely appear onscreen because they’re lined with baskets of personal items.
—Kathryn Vanarendonk, Vulture, 24 Oct. 2024
In a letter, the trustee confirmed that the first tranches of bitcoin had been delivered to some of the exchanges responsible for distributing coins to individual Mt. Gox customers, with the rest to follow.
—Joel Khalili, WIRED, 5 July 2024
The fifth tranche of the Homeless Housing Assistance and Prevention program will distribute $827 million statewide and come with more stringent accountability and transparency measures than in the past, Newsom said.
—Doug Smith, Los Angeles Times, 29 Oct. 2024
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Cite this Entry
“Tranche.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tranche. Accessed 21 Nov. 2024.
Copy CitationLegal Definition
tranche
nounFrench, literally, slice, from Old French, from trenchier, trancher to cut
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