1. A portion of something (especially money)
   "The company released the first tranche of funds for the project"

1. (finance) place a set of securities into a particular class (tranche) for offer in one financial transaction
   "You could tranche that pool and create a triple-A security even if none of the components are themselves triple-A."

Derived forms: tranches, tranched, tranching

Type of: part, percentage, portion, share

Encyclopedia: Tranche