Traunch
Part of speech: verb
Definition: to divide into parts or portions of a series (especially of allotments of funds)
Part of speech: noun
Definition: one of a series of allotments (of funds for a certain purpose) one set or portion of a series
Part of speech: adjective
Definition: divided into portions or parts of a series (especially of allotments of funds)
Tranche
Part of speech: noun
Definition: A slice, section or portion.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.