TRANCHE


Meaning of TRANCHE in English

transcription, транскрипция: [ ˈträⁿsh ]

noun

Etymology: French, literally, slice, from Old French, from trenchier, trancher to cut — more at trench

Date: 1930

: a division or portion of a pool or whole ; specif : 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

Merriam-Webster's Collegiate English vocabulary.      Энциклопедический словарь английского языка Merriam Webster.