Traunch

Traunch
One of a series of fund allotments earmarked for a specific purpose, such as a financing round in a start-up. Traunches are used by venture capital firms as a means of minimizing risk. Some experts believe "traunch" is a misspelling of "tranche", which means a slice or portion, and is used to describe instruments such as mortgage-backed securities that can be sliced into smaller pieces for sale to investors.

For example, a development-stage company that has sought venture capital funding may initially receive a $2 million traunch out of a $5 million financing round, with the balance to be received after a month.


Investment dictionary. . 2012.

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  • traunch — traunch, trauncher, traunchfer, traunslate obs. ff. tranch, trencher, tranchefer, translate …   Useful english dictionary

  • traunch — 1. noun /tɹɔntʃ/ a) One of a series of allotments (of funds for a certain purpose). First of all, we provide immediate cash relief to the tune of about $35 million. And then there will be an assessment of the damage, so that the relief is the… …   Wiktionary

  • traunch — In segments or in parts; in a portion. Our first traunch will equal ten thousand dollars and the balance will be paid out later …   Dictionary of american slang

  • traunch — In segments or in parts; in a portion. Our first traunch will equal ten thousand dollars and the balance will be paid out later …   Dictionary of american slang

  • trauncher — traunch, trauncher, traunchfer, traunslate obs. ff. tranch, trencher, tranchefer, translate …   Useful english dictionary

  • traunchfer — traunch, trauncher, traunchfer, traunslate obs. ff. tranch, trencher, tranchefer, translate …   Useful english dictionary

  • traunslate — traunch, trauncher, traunchfer, traunslate obs. ff. tranch, trencher, tranchefer, translate …   Useful english dictionary

  • Tranche — In structured finance, a tranche (misspelled as traunch or traunche) is one of a number of related securities offered as part of the same transaction. The word tranche is French for slice, section, series, or portion. In the financial sense of… …   Wikipedia

  • tranche — noun a) A slice, section or portion. b) One of a set of classes or risk maturities which comprise a multiple class security, such as a CMO or REMIC; a class of bonds; collateralized mortgage obligations are structured with several tranches of… …   Wiktionary

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