Thursday, October 29, 2009

a.d. IV Kal. Nov.

tranche n., pl. tranches [Fr. slice, installment.] Portion or installment. Portion of bond issue for distribution in another country. The World Bank has released an initial tranche of 250 million dollars out of a total of 452 million to be granted to Nigeria… (Sunday Tribune 1986).

This is a word you might have heard in the news over the last couple of years.

From Word Dictionary of Foreign Expressions.

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