TRANCHE

tranche

(noun) a portion of something (especially money)

Source: WordNet® 3.1


Etymology

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.

Anagrams

• chanter

Source: Wiktionary



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Word of the Day

20 June 2025

MODEST

(adjective) marked by simplicity; having a humble opinion of yourself; “a modest apartment”; “too modest to wear his medals”


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Coffee Trivia

Brazil is the largest coffee producer in the world. Each year Brazil exports more than 44 million bags of coffee. Vietnam follows at exporting over 27 million bags each year.

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