Word: tranche
Part of speech: Noun
Syllables: tranche
Definition: 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.
Morphemes:
Affix: tranche
Language: en
PoS: Noun
Meaning: 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.
Etymology Compounds: Affix: trenchier
Language: fro
Decoded: trenchier
Meaning: cut, make a cut