/trɑ̃ʃ/ or /trænʃ/ (French: /tʁɑ̃ʃ/)

Definitions

1. noun

A portion or slice of something, especially a fixed amount of money or a share of a company’s stock.

“The company issued a new tranche of stocks to investors.”

2. noun

A portion of a loan or credit that is issued at one time.

“The bank offered a tranche of the loan to small business owners.”

3. verb

To divide or allocate something into portions or slices.

“The government will tranche the budget to allocate funds to different departments.”