ClimateJuly 16, 2026
tranche
/trɑːnʃ/
Definition
A portion or division of a larger amount of money or funding that is made available at a particular time.
Etymology
The word comes directly from the French word 'tranche,' meaning 'slice' or 'cut.' It entered English in the 19th century to describe portions of financial assets or loans.
In the news
The article uses the word to describe the first designated segment of available funding for a government agricultural incentive program. It highlights that farmers are rapidly claiming this initial portion of the total budget.
'Paying off massively': ETS cut EU industrial emissions 41 per cent between 2021 and 2023
Read the full article ↗BusinessGreen