how to pronounce tranche


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An example use of tranche in a speech by a native speaker of american english:

“… shorting the fulcrum bbb tranche of the …”

meanings of tranche


  1. A pension scheme's or scheme member's benefits relating to distinct accrual periods with different rules.
  2. A slice, section or portion.
  3. 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.
  4. A distinct subdivision of a single policyholder's benefits, typically relating to separate premium increments.


  1. To divide into tranches.

words with pronunciation similar to tranche


words that rhyme with tranche