Word Games Pro Dictionary
tranche
noun
verb
A slice, section or portion.
Quick reference
Word Facts
How it sounds
Pronunciation
/tɹɑːnʃ/ /tɹæntʃ/
Listen
Audio Pronunciation
Audio pronunciation is unavailable for this word.
Meaning
Definitions
noun
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.