Associations to the word «Tranche»

Wiktionary

TRANCHE, noun. A slice, section or portion.
TRANCHE, noun. (finance) One of a set of classes or risk maturities which 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.

Dictionary definition

TRANCHE, noun. A portion of something (especially money).

Wise words

Watch your thoughts, they become your words. Watch your words, they become your actions. Watch your actions, they become your habits. Watch your habits, they become your character. Watch your character, it becomes your destiny.
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