First Known Use: 1930
Dictionary
tranche
noun \ˈträⁿsh\
Definition of TRANCHE
: a division or portion of a pool or whole; specifically : an issue of bonds derived from a pooling of like obligations (as securitized mortgage debt) that is differentiated from other issues especially by maturity or rate of return
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Origin of TRANCHE
French, literally, slice, from Old French, from trenchier, trancher to cut — more at trench
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