Definition, Meaning & Anagrams | English word TRANCHE
TRANCHE
Definitions of TRANCHE
- A slice, section or portion.
- (insurance) A distinct subdivision of a single policyholder's benefits, typically relating to separate premium increments.
- (pensions) A pension scheme's or scheme member's benefits relating to distinct accrual periods with different rules.
- (finance) 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.
- (finance, transitive) To divide into tranches.
Number of letters
7
Is palindrome
No
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