tranche

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See also: Tranche and tranché

English

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Wikipedia

Etymology

Unadapted 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). Doublet of traunch and trench.

Pronunciation

Noun

tranche (plural tranches)

  1. A slice, section or portion.
    • 1893, P. Fitzgerald, “Stonyhurst Memories”, in The Month: An Illustrated Magazine of Literature, Science and Art, pages 336–337:
      Servants, carrying huge baskets suspended before them in which were huge tranches of bread, speedily distributed the contents; and they were followed by others bearing huge cans of milk, hot and cold.
    • 2022 January 11, Kate Connolly, “German climate minister says speed of carbon cuts needs to be trebled”, in The Guardian:
      Habeck said he was planning to announce a first tranche of climate protection measures by Easter, and a second by the end of the summer, to come into force by 2023.
    • 2022 October 27, Simon Parkin, “README.txt by Chelsea Manning review – secrets and spies”, in The Guardian, →ISSN:
      The files took all day to upload, since the connection often dropped. [] Then, half an hour before the bookstore closed, the final tranche went through.
  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.

Verb

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

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

Related terms

Translations

Further reading

Anagrams

French

Pronunciation

Noun

tranche f (plural tranches)

  1. slice
  2. milling on a coin
  3. period

Derived terms

Verb

tranche

  1. inflection of trancher:
    1. first/third-person singular present indicative/subjunctive
    2. second-person singular imperative

Further reading

Anagrams

Norman

Etymology

(This etymology is missing or incomplete. Please add to it, or discuss it at the Etymology scriptorium.)

Noun

tranche f (plural tranches)

  1. (Jersey) slice