: a division or portion of a pool or whole
specifically : an issue of bonds derived from a pooling of like obligations (such as securitized mortgage debt) that is differentiated from other issues especially by maturity or rate of return

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Finance and Tranche

In French, tranche means "slice." Cutting deeper into the word's etymology, we find the Old French word trancer, meaning "to cut." Tranche emerged in the English language in the late 19th century to describe financial appropriations. Today, it is often used specifically of an issue of bonds that is differentiated from other issues by such factors as maturity or rate of return. Another use of the French word tranche is in the French phrase une tranche de vie, meaning "a cross section of life." That phrase was coined by the dramatist Jean Jullien (1854-1919), who advocated naturalism in the theater.

Examples of tranche in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The Trump administration has released a tranche of unredacted documents about the assassination of John F. Kennedy. Hannah Parry, Newsweek, 19 Mar. 2025 China has released two tranches of tariffs on U.S. durable goods and raw materials, and the Canadian province of Ontario imposed on Monday an electricity surcharge in three U.S. states that would affect more than a million homes. Tobias Burns, The Hill, 11 Mar. 2025 European nations announced fresh tranches of assistance for Ukraine ahead of Zelenskyy's arrival in Brussels. David Brennan, ABC News, 6 Mar. 2025 The oversight hearing of the Senate Energy, Utilities and Communications Committee followed a tranche of recent reports, some commissioned by the governor’s office, outlining why utility bills are so high and recommending ways to lower costs. Kate Wolffe, Sacramento Bee, 21 Feb. 2025 See All Example Sentences for tranche

Word History

Etymology

French, literally, slice, from Old French, from trenchier, trancher to cut — more at trench

First Known Use

1893, in the meaning defined above

Time Traveler
The first known use of tranche was in 1893

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Cite this Entry

“Tranche.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tranche. Accessed 23 Mar. 2025.

Legal Definition

tranche

noun
: a division or portion of a pool or whole: as
a
: an issue of bonds derived from a pooling of like obligations that is differentiated from other issues especially by maturity or rate of return
b
: a bond series issued for sale in a foreign country
Etymology

French, literally, slice, from Old French, from trenchier, trancher to cut

Last Updated: - Updated example sentences
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