tranche
English
/tɹæntʃ/, /tɹɑːnʃ/
noun
Definitions
- 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.
Etymology
Borrowed from French tranche derived from Old French trenchier (cut, make a cut) derived from Latin *trinicāre.
Origin
Latin
*trinicāre
Gloss
Timeline
Distribution of cognates by language
Geogrpahic distribution of cognates
Cognates and derived terms
- betrench English
- entrench English
- mini-trench English
- nanotrench English
- trench English
- trenchful English
- trenchless English
- trenchlike English
- trenchline English
- trenchwork English
- *trinicāre Latin
- truncāre Latin
- Tranche German
- tranche French
- trancher French
- транш Russian
- retranchier Old French
- trenche Old French
- trenchier Old French
- trinxar Catalan, Valencian
- trinchar Galician
- tranchi Norman
- trancher Middle French
- trincheira Old Portuguese
- trencar Old Occitan