"tranches" is a correct and usable word in written English, usually referring to a financial context.
Example sentence: "The company issued debt in several tranches to ensure that it could manage its cashflow."
Government grants are agreed in three-year tranches, and the current tranche has just entered its second year.
The CDOs are sliced into "tranches" of different riskiness and sold to investors: the riskier the tranche, the higher the expected return.
And according to Messrs Eisinger and Bernstein, Magnetar was also systematically intervening with CDO managers, who selected the mortgage-backed securities that were bundled into the tranches, and pressuring them to include higher-risk securities in the equity tranche.
He said: "I understand that the trainees currently stationed at the barracks will be repatriated to Libya in the coming days, and that the subsequent tranches who were due to follow them will now not arrive.
This year's payments also include the first tranches of new role-based pay, introduced to get around the EU bonus cap that restricts bonuses to 100% of salary, or 200% with shareholder approval.
They would be the first stage of a project that could eventually be three times the size, if further tranches are also constructed.
"As part of our ongoing support for the Libyan government we will review how best to train Libyan security forces – including whether training further tranches of recruits in the UK is the best way forward," he said.
I do not expect any further tranches of Libyan troops to come to Bassingbourn".
The spokesman said: "As part of our ongoing support for the Libyan government, we will review how best to train Libyan security forces – including whether training further tranches of recruits in the UK is the best way forward.
Why not slice the risk – your education and financial future – into tranches and give them grades?
A share scheme for postal workers is being devised and further tranches could be sold later (as at Eni and Enel, the electricity company, in the 1990s), but the government will keep a controlling stake.Francesco Giavazzi, an economics professor at Bocconi University in Milan, dismisses the programme as focused too much on filling the state's coffers and not enough on improving competitiveness.
