: 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.
However, without a resolution, most U.S. automakers will find themselves in a tough spot given that a large tranche of auto production is done in both Canada and Mexico. Brian Evans, CNBC, 4 Feb. 2025 Initially, a tranche of 200 million $Trump coins was released to the market, when the coin’s creators transferred them to three crypto wallets, the blockchain analysis shows. Tom Wilson and Michelle Conlin, USA TODAY, 3 Feb. 2025 The Pentagon noted that this is the Biden administration’s 74th tranche of equipment provided to Ukraine from its inventories since August 2021. Filip Timotija, The Hill, 9 Jan. 2025 The most recent tranche, titled ‘Volume 4’, launched in August. Jesse Whittock, Deadline, 3 Dec. 2024 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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Dictionary Entries Near tranche

Cite this Entry

“Tranche.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tranche. Accessed 20 Feb. 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

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