Definition of "tranche"

tranche

/tɹɑ̃ʃ/

noun
plural tranches
1. A slice, section or portion.
  Quotations
  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.
  1893, P. Fitzgerald, “Stonyhurst Memories”, in The Month: An Illustrated Magazine of Literature, Science and Art, pages 336–337
  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 January 11, Kate Connolly, “German climate minister says speed of carbon cuts needs to be trebled”, in The Guardian‎
  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.
  2022 October 27, Simon Parkin, “README.txt by Chelsea Manning review – secrets and spies”, in The Guardian‎
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
third-person singular simple present tranches, present participle tranching, simple past and past participle tranched
1. (finance, transitive) To divide into tranches.

Definition of "tranche"

tranche

noun

Quotations

verb