1. tranche - Noun
2. tranche - Verb
A slice, section or portion.
(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.
tranche (third-person singular simple present tranches, present participle tranching, simple past and past participle tranched)
(finance, transitive) To divide into tranches.
If the government announced that it was going to allocate a vast tranche of education funding purely to the pupils at the best public schools, there would be a national outcry - and yet this is precisely what the Olympics represents in terms of sports funding. Will Self
Memories refused to fit, or fitted but came unglued. Even months later, how would I know if some major tranche of myself remained lost? David Mitchell (author)
And lo, the very last tranche of information, through July 14, went back on the dashboard, as we noted above, along with that note pointing out no more updates will be made, ever, because that info is at HHS and you can't have it. Source: Internet
“A new contract for this work is now being placed with another Scottish bottling firm for the next tranche of Calachem product, on grounds of cost and capacity. Source: Internet
All shares issued under the first tranche are subject to a four month hold period expiring January 30, 2021. Source: Internet
All four major operators won 3.4GHz airwaves that will power the first tranche of services when they arrive in the UK – probably in 2020. Source: Internet