Definition of tranche noun from the Oxford Advanced Learner's Dictionary



BrE BrE//trɑːnʃ//
; NAmE NAmE//trɑːnʃ//
(finance, British English)
jump to other results
one of the parts into which an amount of money or a number of shares in a company is divided the first tranche of the company’s new share issue Word Originlate 15th cent.: from Old French, literally ‘slice’.