C2 noun #134,983 most common

tranche

UK /tɹɑːnʃ/ | US /tɹɑːnʃ/

A slice, section or portion.

tranche in 30 Seconds

  • (noun) A slice, section or portion.
  • (noun) A distinct subdivision of a single policyholder's benefits, typically relating to separate premium increments.
  • (noun) A pension scheme's or scheme member's benefits relating to distinct accrual periods with different rules.

Meanings

  1. 1
    noun A slice, section or portion.
  2. 2
    noun A distinct subdivision of a single policyholder's benefits, typically relating to separate premium increments.
  3. 3
    noun A pension scheme's or scheme member's benefits relating to distinct accrual periods with different rules.
  4. 4
    noun 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.
  5. 5
    verb To divide into tranches.
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