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Finance and Tranche
In French, tranche means "slice." Cutting deeper into the word's etymology, we find the Old French word trancer, meaning "to cut." Tranche emerged in the English language in the late 19th century to describe financial appropriations. Today, it is often used specifically of an issue of bonds that is differentiated from other issues by such factors as maturity or rate of return. Another use of the French word tranche is in the French phrase une tranche de vie, meaning "a cross section of life." That phrase was coined by the dramatist Jean Jullien (1854-1919), who advocated naturalism in the theater.
Examples of tranche in a Sentence
Nick Sobczyk, Axios, 29 Jan. 2025
CLOs are pools of floating rate loans made to businesses, and they’re made of tranches that have their own risk characteristics.
—Darla Mercado, Cfp®, CNBC, 15 Jan. 2025
Correction: On Thursday, the U.S. Department of Defense announced a $500 million aid tranche for Ukraine.
—Ruxandra Iordache, CNBC, 10 Jan. 2025
You May Also Like Related Articles The Via Manzoni 9 building is owned by Merope Asset Management, which bought the property in three acquisition tranches between December 2019 and February 2020, the asset management firm said on its website.
—Sofia Celeste, WWD, 9 Jan. 2025
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Dictionary Entries Near tranche
Cite this Entry
“Tranche.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tranche. Accessed 2 Feb. 2025.
Copy CitationLegal Definition
tranche
nounFrench, literally, slice, from Old French, from trenchier, trancher to cut
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