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See also: Tranche and tranché

Contents

EnglishEdit

 
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EtymologyEdit

Borrowed from French tranche, form of trancher (to cut, to slice), from Old French trenchier (cut, make a cut), possibly from Vulgar Latin *trinicāre (cut in three parts). Cognate to English trench.

PronunciationEdit

NounEdit

tranche (plural tranches)

  1. A slice, section or portion.
  2. (insurance) A distinct subdivision of a single policyholder's benefits, typically relating to separate premium increments.
  3. (pensions) A pension scheme's or scheme member's benefits relating to distinct accrual periods with different rules.
  4. (finance) One of a set of classes or risk maturities that compose a multiple-class security, such as a CMO or REMIC; a class of bonds. Collateralized mortgage obligations are structured with several tranches of bonds that have various maturities.

VerbEdit

tranche (third-person singular simple present tranches, present participle tranching, simple past and past participle tranched)

  1. (finance, transitive) To divide into tranches.

Related termsEdit

TranslationsEdit

Further readingEdit

AnagramsEdit


FrenchEdit

NormanEdit

EtymologyEdit

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NounEdit

tranche f (plural tranches)

  1. (Jersey) slice