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Definition of Tranche
1. Noun. A portion of something (especially money).
Definition of Tranche
1. Noun. A slice, section or portion. ¹
2. Noun. (finance) One of a set of classes or risk maturities which comprise 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. ¹
¹ Source: wiktionary.com
Definition of Tranche
1. a portion [n -S]