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Tranche
A tranche is a slice or portion of something. In finance terms it refers to one of a series of fund allotments earmarked for a specific purpose. Some lenders use this as a means to minimise risk.
A tranche is a slice or portion of something. In finance terms it refers to one of a series of fund allotments earmarked for a specific purpose. Some lenders use this as a means to minimise risk.