See also: Tranche and tranché

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EnglishEdit

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PronunciationEdit

EtymologyEdit

Borrowing 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.

NounEdit

tranche ‎(plural tranches)

  1. A slice, section or portion.
  2. (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.

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FrenchEdit

NormanEdit

EtymologyEdit

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NounEdit

tranche f ‎(plural tranches)

  1. (Jersey) slice
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