Tranche: Difference between revisions
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== See also == | == See also == | ||
* [[Credit enhancement]] | |||
* [[Issuer]] | * [[Issuer]] | ||
* [[Junior]] | |||
* [[Security]] | * [[Security]] | ||
* [[Senior]] | |||
Revision as of 10:42, 7 January 2018
1.
One part of a number of different securities that are issued by the same issuer at the same time.
Such securities may differ in terms of risk, yield and/or (most commonly) maturity.
2.
More broadly, any defined part - or slice - of a total.
Tranche means slice, or portion, in French.
