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tranche
English
Etymology
Borrowed from French tranche, form of trancher (“to cut, to slice”), from Old French trenchier (“cut, make a cut”), possibly from Vulgar Latin *trinic?re (“cut in three parts”). Cognate to English trench.
Pronunciation
- (US) IPA(key): /t?ænt?/
- (Received Pronunciation) IPA(key): /t???n?/
Noun
tranche (plural tranches)
- A slice, section or portion.
- (insurance) A distinct subdivision of a single policyholder's benefits, typically relating to separate premium increments.
- (pensions) A pension scheme's or scheme member's benefits relating to distinct accrual periods with different rules.
- (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)
- (finance, transitive) To divide into tranches.
Related terms
- trench
- traunch
Translations
Further reading
- “tranche” in Dictionary.com Unabridged, Dictionary.com, LLC, 1995–present.
- Investor Words
Anagrams
- chanter
French
Pronunciation
- IPA(key): /t????/
Noun
tranche f (plural tranches)
- slice
- milling on a coin
- period
Verb
tranche
- first-person singular present indicative of trancher
- third-person singular present indicative of trancher
- first-person singular present subjunctive of trancher
- third-person singular present subjunctive of trancher
- second-person singular imperative of trancher
Further reading
- “tranche” in Trésor de la langue française informatisé (The Digitized Treasury of the French Language).
Anagrams
- chanter, chantre
Norman
Etymology
(This etymology is missing or incomplete. Please add to it, or discuss it at the Etymology scriptorium.)
Noun
tranche f (plural tranches)
- (Jersey) slice
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