1 tranche | Definition of tranche

tranche

noun
\ ˈtrÀⁿsh How to pronounce tranche (audio) \

Definition of tranche

: a division or portion of a pool or whole specifically : an issue of bonds derived from a pooling of like obligations (such as securitized mortgage debt) that is differentiated from other issues especially by maturity or rate of return

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Finance and Tranche

In French, tranche means "slice." Cutting deeper into the word's etymology, we find the Old French word trancer, meaning "to cut." Tranche emerged in the English language in the late 19th century to describe financial appropriations. Today, it is often used specifically of an issue of bonds that is differentiated from other issues by such factors as maturity or rate of return. Another use of the French word tranche is in the French phrase une tranche de vie, meaning "a cross section of life." That phrase was coined by the dramatist Jean Jullien (1854-1919), who advocated naturalism in the theater.

Examples of tranche in a Sentence

Recent Examples on the Web

The December tranche is particularly risky, Bhave points out. Julia Horowitz, CNN, "This weekend's tariffs are not like the others," 1 Sep. 2019 The drama started on August 23rd, when the Chinese government announced its plans for retaliation in response to an earlier tranche of American tariffs. The Economist, "Donald Trump admits to putting the world through a “rough patch”," 29 Aug. 2019 Even without the new tranche of tariffs, US clothing and footwear imports have historically incurred higher duties than other consumer goods. Marc Bain, Quartzy, "Even the Trump trade war is sexist," 26 Aug. 2019 And Trump’s next $300 billion tranche will affect consumer products like toys, smartphones, and clothing. Keith Bradsher, BostonGlobe.com, "Trump says he will raise existing tariffs on Chinese goods to 30%," 23 Aug. 2019 The fresh package comes after last year’s $12 billion tranche for farmers. Mike Dorning And Mario Parker / Bloomberg, Time, "Farmers Press for an End to the Trade War as the Trump Administration Rolls Out a $16 Billion Bailout," 26 July 2019 Harris catapulted into front-runner status after the first debate by taking advantage of her assignment to the same tranche as Biden, ambushing him with an attack over his stance on desegregation in the 1970s. Todd J. Gillman, Dallas News, "No Texas rematch for Castro and O'Rourke in second Dem debate, but Biden gets another shot at Harris," 18 July 2019 Bernard Tomic: Loses in 58 minutes with an effort that seemed something other than honest and is fined his entire tranche of prize money. Jon Wertheim, SI.com, "Wimbledon Midterm Grades: Gauff, Serena, Big Three Get Top Marks From Week One," 6 July 2019 But even with both equity tranches, Carlyle is still described as having a minority equity position in Ithaca. Ed Christman, Billboard, "What Is Big Machine Actually Worth In Its Pending Nine-Figure Acquisition By Ithaca Holdings?," 3 July 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'tranche.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of tranche

1893, in the meaning defined above

History and Etymology for tranche

French, literally, slice, from Old French, from trenchier, trancher to cut — more at trench

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More Definitions for tranche

tranche

noun
\ ˈtrÀⁿsh How to pronounce tranche (audio) \

Legal Definition of tranche

: a division or portion of a pool or whole: as
a : an issue of bonds derived from a pooling of like obligations that is differentiated from other issues especially by maturity or rate of return
b : a bond series issued for sale in a foreign country

History and Etymology for tranche

French, literally, slice, from Old French, from trenchier trancher to cut