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tranche Definition

tranche (träns̸h)

noun

Etymology: Fr, lit., a slice

a portion, share, installment, etc. the final tranche of the loan

tranche Finance Definition
A separate section of an overall bond or investment offering. For example, a $4 billion bond offering may have four tranches, each sold in a different currency, such as the U.S. dollar, Japanese yen, euro, and British pound. Each currency offering represents one tranche of the overall issue.
tranche Usage Examples

Preposition: of

  • funding: I'm applying for a second tranche of funding.
  • money: At the practical level the aqueduct has provided match funding for us to obtain a substantial tranche of European money.
  • fund: Maybe they're raising a small tranche of funds now and more later.
  • project: An initial tranche of 22 projects was funded by the ESRC to look into the myriad aspects of this question.
  • plan: Action: MM 3. Second Tranche Action Plans Esther reported on progress toward drafting second tranche of action plans.
  • material: A third tranche of material, on the officers of the Commons, will shortly be written up.

Converse of object

  • release: The LDC released a further tranche of data of similar size in 1998 ( about 71 hours of data ).
  • sell: It could also raise funds by selling a further tranche of its remaining holding in Vivendi Environnement.
  • provide: Could a revival in social democracy provide a new tranche of politically inspired union activists?
  • deliver: The project was organized to deliver the first tranche of object records by April 2003.
  • receive: The US accepted this because she had to accept it, and indeed, the UK received the largest tranche of Marshall aid.
  • see: Yesterday saw the final tranche of money released from the European Regional Development Fund, who are investing £ 135,000 into the project.

Adjective modifier

  • second: An option for a second tranche of missiles was placed in June 1995.
  • initial: Now they are down to an initial tranche of 16.
  • first: The first tranche of 136 candidate SACs was sent to the EC in June 1995.
  • final: In July 2004, Lunar was granted access to the final tranche of funding to complete the Prototype design.
  • next: In November, the Security Council has to set the next tranche of the " oil-for-food " program.
  • third: A third tranche of material, on the officers of the Commons, will shortly be written up.

Modifies a noun

  • scheme: There are 5 first tranche schemes valued at £ 18 million.

Noun used with modifier

  • reserve: Any such drawing used to be referred to as the gold tranche and is now the reserve tranche.

Browse dictionary entries near tranche

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