The meaning of Tranche
Tranche – definition
nounA portion of something, especially money.
Usage examples:
They released the first tranche of the loan
nounOne of the parts into which a particular financial arrangement, payment, investment, etc. is divided
Usage examples:
The oil company will pay $2.4 billion in cash up front, with three annual tranches of $1.25 billion…
Tranche translation into English
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Word origin
late 15th century: from Old French, literally ‘slice’.
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