Tranched vs Tranches - What's the difference?
tranched | tranches |
(finance) Divided]], portioned or partitioned. To be divided into [[tranche, tranches.
* "A credit portfolio can be tranched into a variety of components that can have their credit risk transferred to counter-parties."
* "The portfolio was tranched and notes sold to investors in Canada, continental Europe, Ireland and Japan."
As an adjective tranched
is divided, portioned or partitioned. To be divided into tranches.As a noun tranches is
plural of lang=en.tranched
English
Adjective
- Tranched funding can be an effective means of enforcing performance targets.
- Source:
Agriculture Investment Sourcebook
Association of Chartered Certified Accountants
Royal Bank of Canada