tranche
Meanings
Plural: tranches
Noun
- a portion of something (especially money)
- A slice, section or portion.
- A distinct subdivision of a single policyholder's benefits, typically relating to separate premium increments.
- A pension scheme's or scheme member's benefits relating to distinct accrual periods with different rules.
- 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
- To divide into tranches.
Origin / Etymology
Unadapted borrowing from French tranche, form of trancher (“to cut, to slice”), from Old French trenchier (“cut, make a cut”), possibly from Vulgar Latin *trinicāre (“cut in three parts”). Doublet of traunch and trench.
Scrabble Score: 12
tranche is a valid Scrabble (US) TWL wordtranche is a valid Scrabble Word in Merriam-Webster MW Dictionary
tranche is a valid Scrabble Word in International Collins CSW Dictionary
Words With Friends Score: 13
tranche is a valid Words With Friends word