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Raretranche
The correct spelling is tranche.
How to pronounce tranche
noun
IPA: /tɹɑːnʃ/
Say it like: Tra-nch-e
The correct spelling is tranche. A slice, section or portion.
Usage Examples
No usage examples in context are available for this word.
Meanings
noun
- 1.A slice, section or portion.
- 2.A distinct subdivision of a single policyholder's benefits, typically relating to separate premium increments.
- 3.A pension scheme's or scheme member's benefits relating to distinct accrual periods with different rules.
- 4.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.
verb
- 1.To divide into tranches.
Similar words
Words related in meaning — check their spelling too.