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

In words, as fashions, the same rule will hold; Alike fantastic, if too new, or old: Be not the first by whom the new are tried, Nor yet the last to lay the old aside.
Alexander Pope