(tranches)
1.
In economics, a tranche of shares in a company, or a tranche of a company, is a number of shares in that company. (mainly BRIT BUSINESS)
On February 12th he put up for sale a second tranche of 32 state-owned companies.
N-COUNT: usu N of n
2.
A tranche of something is a piece, section, or part of it. A tranche of things is a group of them. (FORMAL)
They risk losing the next tranche of funding...
N-COUNT: usu N of n