tranche

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[edit] English

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[edit] Noun

Singular
tranche

Plural
tranches

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. Form of trancher

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