It's the word of the day for March 15th.

Today's word is tronch, spelled T-R-A-N-C-H-E, pronounced with a nasalized vowel as it would be in French.

Tranche is a noun. It refers to a division or portion of a whole. Here's the word used in a sentence from CBS News. Congress approved an initial

tranche of funding legislation in November as the longest shutdown in history came to an end. In French, tranche means slice.

Cutting deeper into the words etymology, we find the old French word, trenchier, meaning to cut,

which has its likely origin in a Latin word, meaning to in three from Latin trini meaning three each.

Tranche emerged in the English language in the early 19th century to refer to a division or portion

of a larger pool or whole and later developed a finance-specific meaning, referring to an offering

for sale of typically a set of bonds

cut from a larger group of bonds, the tranche being differentiated by such factors as maturity

or rate of return. With your word of the day, I'm Peter Sokolowski.

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