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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
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
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Cite this Entry
“Tranche.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tranche. Accessed 31 Dec. 2024.
Copy CitationLegal Definition
tranche
nounFrench, literally, slice, from Old French, from trenchier, trancher to cut
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