| 单词 | tranche |
| 释义 | tranche tranche(French: slice)1. A part or instalment of a large sum of money. In the International Monetary Fund the first 25% of a loan is known as the reserve (formerly gold) tranche. In tranche funding, successive sums of money become available on a prearranged basis to a new company, often linked to the progress of the company and its ability to reach the targets set in its business plan. tranche CD A certificate of deposit that has one maturity date but is sold by the issuing bank in portions (tranches) to other investors. |
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