tranche
English
Etymology
Unadapted borrowing 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”). Doublet of traunch and trench.
Pronunciation
- (US) IPA(key): /tɹɑ̃ʃ/, /tɹɑ̃nʃ/, /tɹɑ̃nt͡ʃ/, /tɹænt͡ʃ/
- (Received Pronunciation) IPA(key): /tɹɑ̃ʃ/, /tɹɑːnʃ/, /tɹɑːnt͡ʃ/
- (General Australian) IPA(key): /tɹæːnt͡ʃ/
Audio (Southern England); /tɹɑːnʃ/: (file) - Rhymes: -ɑ̃ʃ, -ɑ̃nʃ, -ɑ̃ntʃ, -ɑːntʃ, -æntʃ, -ɑːnʃ
Noun
tranche (plural tranches)
- A slice, section or portion.
- 1893, P. Fitzgerald, “Stonyhurst Memories”, in The Month: An Illustrated Magazine of Literature, Science and Art, pages 336–337:
- Servants, carrying huge baskets suspended before them in which were huge tranches of bread, speedily distributed the contents; and they were followed by others bearing huge cans of milk, hot and cold.
- 2022 January 11, Kate Connolly, “German climate minister says speed of carbon cuts needs to be trebled”, in The Guardian[1]:
- Habeck said he was planning to announce a first tranche of climate protection measures by Easter, and a second by the end of the summer, to come into force by 2023.
- (insurance) A distinct subdivision of a single policyholder's benefits, typically relating to separate premium increments.
- (pensions) A pension scheme's or scheme member's benefits relating to distinct accrual periods with different rules.
- (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.
Verb
tranche (third-person singular simple present tranches, present participle tranching, simple past and past participle tranched)
- (finance, transitive) To divide into tranches.
Related terms
Translations
slice — see slice
finance
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Further reading
- “tranche”, in Dictionary.com Unabridged, Dictionary.com, LLC, 1995–present.
- Investor Words
Anagrams
French
Pronunciation
- IPA(key): /tʁɑ̃ʃ/
Audio: (file)
Noun
tranche f (plural tranches)
Derived terms
Verb
tranche
- inflection of trancher:
- first/third-person singular present indicative/subjunctive
- second-person singular imperative
Further reading
- “tranche”, in Trésor de la langue française informatisé [Digitized Treasury of the French Language], 2012.
Anagrams
Norman
Etymology
(This etymology is missing or incomplete. Please add to it, or discuss it at the Etymology scriptorium.)
Noun
tranche f (plural tranches)