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The phrase "a third tranche of" is correct and usable in written English.
It is typically used in financial contexts to refer to a specific portion or installment of a larger amount, often in relation to funding or investment.
Example: "The company announced that it would release a third tranche of funding to support the new project."
Alternatives: "a third installment of" or "a third portion of".
Exact(8)
The price of shares in Deutsche Telekom, a third tranche of which was sold a year ago for euro66.50 ($63.90), dipped below euro17 this week, a mere euro2-odd more than the price of the first initial public offering in 1996.
What's more, Draghi seemed to signal that there would not be a third tranche of the long-term refinancing option (LTRO), the European version of QE.
A third tranche of zones is expected to be announced next year, but even that is highly unlikely to take us anywhere near the 127 that were recommended in the first place.
The Bank of England facility allows banks to borrow money for six months, provided they lodge collateral with Threadneedle Street and will offer a third tranche of cash on 28 June.
Vos has already said he does not want to see a third tranche of claims and is expected to seek an update from News International at the hearing on Friday.
Vos made it clear at a case management hearing on Wednesday that he did not want to have a third tranche of civil proceedings against the publisher and has asked solicitors on both side to take an advert out in legal magazines instructing lawyers acting for potential victims to get their claims in on time.
Similar(50)
In addition, it qualified for a second tranche of $1 billion from the U.S. Millennium Challenge Account.
A second tranche of emails was uploaded onto the internet late last year.
Prosecutors are now preparing a second tranche of four similar cases.
A first tranche of £470,000 was awarded by City Bridge Trust in May this year.
Criminal solicitor fees are due to fall by a second tranche of 8.75%.
More suggestions(20)
a third slice of
a third phase of
a third stage of
a third installment of
a third section of
a third fraction of
a third segment of
a third leg of
a sixth tranche of
a third tier of
a third part of
a fifth tranche of
a third batch of
a third proportion of
a third share of
a third coat of
a huge tranche of
a £10bn tranche of
a new tranche of
a third patch of
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com