English
Etymology
This term is derived from the French verb trancher.
Adjective
tranched
- finance Divided, portioned or partitioned. To be divided into tranche|tranches.
#:Tranched funding can be an effective means of enforcing performance targets.
#:Source: Agriculture Investment Sourcebook
Quotations
"A credit portfolio can be tranched into a variety of components that can have their credit risk transferred to counter-parties." Association of Chartered Certified Accountants
"The portfolio was tranched and notes sold to investors in Canada, continental Europe, Ireland and Japan." Royal Bank of Canada
See also
tranch
tranche
External links
Classic FM Breakfast Word of the Day
Dow Jones
lt:tranched
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