Tranche vs Traunche - What's the difference?

tranche | traunche |

tranche

Noun

(en noun)
  • A slice, section or portion.
  • (finance) 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.
  • Anagrams

    * ----

    traunche

    Not English

    Traunche has no English definition. It may be misspelled.