tranche (Crossword)

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Definitions of “tranche”
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• Slice or block of money or shares
• Describes part of a loan, investment, etc
• A portion of a bond offering, delineated by maturity
• A portion of something (especially money)
• A discreet sum of money, often part of a larger loan or payment
• Is the piece, portion or slice of a deal or structured financing
• One of several related securities offered at the same time
• One of a combined group of related securities which offer various risk
• (Obscure words) a portion of something (especially money)
• A tranche is a percentage of a structured debt product that seeks to spread the interest rate risk across various credit rating securities

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