What is another word for Tranche?
What is another word for tranche?
| slice | portion |
|---|---|
| share | piece |
| part | cut |
| quota | percentage |
| allotment | proportion |
What is the difference between Tranche and traunch?
As nouns the difference between traunch and tranche is that traunch is one of a series of allotments (of funds for a certain purpose) while tranche is a slice, section or portion.
What does the word traunch mean?
A traunch is one of a series of payments to be paid out over a specified period, subject to certain performance metrics being achieved. The term “traunch” is based on the French word “tranche,” meaning “slice.” The term tranche is also used in the context of securitization, as with mortgage-backed securities (MBS).
What are the different tranches?
Examples of financial products that can be divided into tranches include bonds, loans, insurance policies, mortgages and other debts.
How do you use tranche in a sentence?
Tranche in a Sentence 🔉
- Becky was able to withdraw a tranche of her retirement funds from and used the money to pay off debt.
- A tranche of the Wallstreet stocks was transferred from one stockholder to the other.
Is there a word trunch?
(obsolete) A stake; a small post.
What is the plural of tranche?
Noun. tranche (plural tranches) A slice, section or portion.
What is a tranche in venture capital?
Tranche investment lets venture capital and other investors split investments into parts. They can give money to businesses over time instead of all at once. Usually, a business getting a tranche investment will get prenegotiated payments as long as it achieves financial milestones decided by the investor.
How do you use the word tranche?
What does first tranche mean?
First Tranche means the portion of the proceeds of the Loan in an amount not exceeding the equivalent of $250,000,000 to be initially withdrawn and utilized; Based on 9 documents. 9.
How are tranches paid?
In a sequential pay CMO, each tranche receives interest payments as long as the tranche’s principal amount has not been completely paid off. However, the principal payments are received solely by the most senior tranche until it is completely paid off. A sequential pay CMO is also known as a plain vanilla CMO.
Are term loans bank debt?
Bank debt, other than revolving credit facilities, generally takes two forms: Term Loan A – This layer of debt is typically amortized evenly over 5 to 7 years. Term Loan B – This layer of debt usually involves nominal amortization (repayment) over 5 to 8 years, with a large bullet payment in the last year.
What is the meaning of the word tranche?
Definition of “tranche” – English Dictionary. “tranche” in English. › specialized finance & economics one of several parts of a financial arrangement, payment, amount, etc.: Next month, they will sell a further tranche of shares worth up to €500 million.
What does a tranche mean in structured finance?
Unsourced material may be challenged and removed. In structured finance, a tranche is one of a number of related securities offered as part of the same transaction. In the financial sense of the word, each bond is a different slice of the deal’s risk.
Which is an example of a tranche mortgage?
For example, one tranche might include the first three years of each mortgage, another tranche will include the first five years, and another the full 30 years. This allows investors to buy the low-risk tranche of three-year mortgages that will mature (come due) soon but have a low interest rate.
What makes a tranche different from a junior tranche?
Not only do tranches of debt instruments have different credit ratings, but they can also have different payout scenarios if the issuer goes into default. Senior tranches, for example, typically have higher credit ratings and are paid before junior tranches in the event of the issuer’s bankruptcy or liquidation.