Definition of Tranhe
- Slice, section, portion.
- (Financial): 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.
French
- slice
- The Nuttall Encyclopedia
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The correct Spelling of this word is: Tranche
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