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LSDefine

Simple English definitions for legal terms

tranche

Read a random definition: deficiency

A quick definition of tranche:

Tranche: A tranche is a type of investment that is made up of similar debt obligations, like bonds. It is usually different from other investments in the same pool because of its maturity date or rate of return. It can also refer to a block of bonds that are meant to be sold in a foreign country.

A more thorough explanation:

Definition: Tranche (transh), n. [French “slice”] Securities. A bond issue derived from a pooling of similar debt obligations. A tranche usually differs from other issues by maturity date or rate of return. It can also refer to a block of bonds designated for sale in a foreign country.

Example: A company issues a bond for $100 million. The bond is divided into three tranches: tranche A, tranche B, and tranche C. Each tranche has a different interest rate and maturity date. Tranche A has the lowest interest rate but the shortest maturity date, while tranche C has the highest interest rate but the longest maturity date. Investors can choose which tranche to invest in based on their investment goals and risk tolerance.

Explanation: Tranches are used to divide a bond issue into smaller, more manageable pieces. Each tranche has its own characteristics, such as interest rate and maturity date, which can appeal to different types of investors. By offering multiple tranches, issuers can attract a wider range of investors and better manage their debt obligations.

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18:19
@BulbasaurNoLikeCardio: what you gonna do when january hits and they are like "it still isnt here come back in april"
BulbasaurNoLikeCardio
18:20
Its a $600 part, they already covering shipping and paying the tax so $140 is an additional 25% off.
BulbasaurNoLikeCardio
18:20
If it doesn't come January I am going to just say fuck it and toss everything on the right handed upper and just eat gas.
18:21
You should have said to refund you or give 300 off
18:21
wasp is wasp
18:21
knows how be rich and demand shit lmfao
i am atheist not protestant
18:22
same thing tho ya? - catholic
BulbasaurNoLikeCardio
18:23
Ill just keep arguing for more money off until I get it or they end up paying me to take it lmao
18:24
what other guns ya got
are we losing hope for gtown lol
yeah i dont think gtown does A's this late unfortunately
18:25
it is like 630 on a friday there bud
18:25
think it is safe to say it aint happenin today\
damn it was a slow day today
BulbasaurNoLikeCardio
18:26
I got a custom built Leftie ar15 I run suppressed, a regular ar15, a .270 axis savage bolt gun, xd9, xd40 and have my AR10 I run suppressed.
BulbasaurNoLikeCardio
18:26
I do not think we will see a wave until after thanksgiving. Adcoms will be nice and not ruin someones thanksgiving with an R
18:28
ruin my thanksgiving law schools uwu
PerpetualCheerfulBeaver
18:53
I really thought a texas schools wave was going to hit today...guess it will be December 1
7Rings
19:00
No news is good news 😜
PerpetualCheerfulBeaver
19:10
the mentality im embracing
ClassyPleasantHeron
19:23
You will see some A waves next week, just before Thanksgiving. Schools like to give people things to talk about over the holidays.
19:26
my predict monday berk from earlier td
snow
19:33
Oregon decision rendered…
snow
19:33
Bro why don’t they just tell me lol
damn ive been under review for a month and no movement, when did u apply snow?
snow
19:39
The day apps opened. I still don’t know what the decision is tho lol
Dang. Crossing my fingers for you!!
snow
19:41
Thank you!!
shaquilleoatmeal
19:44
Snow dude wtf you been
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