From the French for slice – a selection from a larger pool of assets.
To clarify, a pool of assets may be divided up into a number of tranches and dealt with separately. Payments or investments may be made in a number of tranches, etc.
From the French for slice – a selection from a larger pool of assets.
To clarify, a pool of assets may be divided up into a number of tranches and dealt with separately. Payments or investments may be made in a number of tranches, etc.