Associations to the word «Tranche»

Wiktionary

TRANCHE, noun. A slice, section or portion.
TRANCHE, noun. (finance) One of a set of classes or risk maturities which 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.

Dictionary definition

TRANCHE, noun. A portion of something (especially money).

Wise words

Words are but symbols for the relations of things to one another and to us; nowhere do they touch upon absolute truth.
Friedrich Nietzsche