tranche
as defined in CRR, Article 4(1), point (67) (Definitions)
a tranche as defined in point (6) of Article 2 of Regulation (EU) 2017/2402
Install the extension for EUR-Lex
Also defined in
- Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and… 32006L0048, Article 4, point (39)
a contractually established segment of the credit risk associated with an exposure or number of exposures, where a position in the segment entails a risk of credit loss greater than or less than a position of the same amount in each other such segment, without taking account of credit protection…