- One of a series of allotments (of funds for a certain purpose).
- One set or portion of a series.
(third-person singular simple present traunches, present participle traunching, simple past and past participle traunched)
- To divide into parts or portions of a series (especially of allotments of funds).
- Divided into portions or parts of a series (especially of allotments of funds).
Late Anglo-Norman traunche (Old French tranche).