tranche — English Dictionary

Noun

1. A slice, section or portion.

   Examples

   More examples (2)

   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.

   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.

   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.

   Then, in January this year, the US justice department released a tranche of Epstein emails.

2. A distinct subdivision of a single policyholder's benefits, typically relating to separate premium increments.

3. A pension scheme's or scheme member's benefits relating to distinct accrual periods with different rules.

4. 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

1. To divide into tranches.

   Usage

   • Transitive

   Related words

   trenchtraunch

Noun

1. a portion of something (especially money)

   Broader terms

   shareportionpartpercentage