Definition of TRANCHE

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 word
tranche 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