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

8 May 2025

INSULATION

(noun) the act of protecting something by surrounding it with material that reduces or prevents the transmission of sound or heat or electricity


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Coffee Trivia

According to Guinness World Records, on 25 September 2016, the Birla Institute of Management Technology (India) in Uttar Pradesh, India, constructed the largest coffee cups pyramid consisting of 23,821 cups. They used paper takeaway coffee cups to build the pyramid.

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