tranche

Borrowed 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”). Cognate to English trench.

• (US) IPA^(key): /tɹæntʃ/
• (Received Pronunciation) IPA^(key): /tɹɑːnʃ/

tranche (plural tranches)

1. A slice, section or portion.
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.

tranche (third-person singular simple present tranches, present participle tranching, simple past and past participle tranched)

1. (finance, transitive) To divide into tranches.

• trench
• traunch

• “tranche” in Dictionary.com Unabridged, Dictionary.com, LLC, 1995–present.
• Investor Words

• chanter

• IPA^(key): /tʁɑ̃ʃ/

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tranche f (plural tranches)

1. slice
2. milling on a coin
3. period

tranche

1. first-person singular present indicative of trancher
2. third-person singular present indicative of trancher
3. first-person singular present subjunctive of trancher
4. third-person singular present subjunctive of trancher
5. second-person singular imperative of trancher

• “tranche” in le Trésor de la langue française informatisé (The Digitized Treasury of the French Language).

• chanter, chantre

tranche f (plural tranches)

1. (Jersey) slice