Definitions | tranche |
| noun
- A slice, section or portion.
- (finance) One of a set of classes or risk maturities which comprise 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.
Supplemental Details:Sponsor an extended definition for tranche for as little as $10 per month. Click here to contact us.
| |
|