tranche
one portion of a larger financial deal or security
In more detail
1. (noun) a part or section of something, especially money that is divided into separate payments
2. (noun) a group or level of people classified by a particular quality such as age or income
Examples
- 1. The loan was provided in three tranches over two years.
- 2. The highest income tranche pays more taxes.
How to use tranche
Tranche is commonly used in finance, investment, and government spending to describe payments or distributions released in stages. It also classifies populations into groups by demographic characteristics like age or income bracket. The word carries a more formal, technical tone than simple synonyms like 'part' or 'section', and is especially prevalent in policy documents, financial reports, and official communications.
Common phrases
- first tranche
- next tranche
- final tranche
- tranche of funding
- income tranche
- age tranche
Synonyms
installment · portion · section · batch · segment
Word family
tranched (adjective)
A common mistake
Learners sometimes mispronounce it as 'transh' rather than the French-influenced 'trahnsh', and may confuse it with 'branch' in writing.
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