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

Words, words, words! They shut one off from the universe. Three quarters of the time one's never in contact with things, only with the beastly words that stand for them.
Aldous Huxley