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tranche

tranche

noun TRAHNSH Rare

Origin: French loanword meaning 'slice'; used in Italian finance unchanged since the 20th c.

Also means

installment

Usage Note

Tranche is an invariable French borrowing — the plural is also tranche (no -s). It is feminine (la prima tranche) and appears almost exclusively in economic and financial contexts to mean a scheduled portion of a loan, bond issue, or payment. Do not confuse with fetta (a literal food slice).

Examples

"La seconda tranche del prestito è stata erogata."

Natural Translation

The second tranche of the loan was disbursed.

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