tranche

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[edit] English

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[edit] Etymology

French tranche, form of trancher (to cut, to slice), from Old French trenchier (cut, make a cut). Cognate to English trench.

[edit] Noun

tranche (plural tranches)

  1. A slice, section or portion.
  2. (finance) One of a set of classes or risk maturities which comprise 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.

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[edit] French

[edit] Pronunciation

[edit] Noun

tranche f. (plural tranches)

  1. slice

[edit] Verb

tranche

  1. first-person singular present indicative of trancher
  2. third-person singular present indicative of trancher
  3. first-person singular present subjunctive of trancher
  4. first-person singular present subjunctive of trancher
  5. second-person singular imperative of trancher

[edit] Anagrams

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