tranche
tranch
- n a portion of something (especially money)
- New York's Sarah Lawrence College fell from the highly coveted top-50 tranche of liberal-arts institutions to a no-man's-land of 18 unranked schools few readers are likely to have .
- The highest tranche bond gets paid its dividends based on the first loan payments that come in the door.
- A tranche of wild sea bass with green-pea-and-rocket emulsion and mousserons des prs mushrooms sounds more like a three-star Michelin meal than a cookery-class assignment.