TRANCHES Definition

Bookmark and Share

TRANCHES are related securities that are offered at the same time but have different risk, reward, and/or maturity.

Learn new Accounting Terms

PRIMARY DEALER is a designation given by the Federal Reserve System to commercial banks or broker/dealers who meet specific criteria, including capital requirements and participation in Treasury auctions. A primary dealer is entitled and obligated to purchase and sell government securities with the Federal Reserve directly. They serve as the conduits for Federal Reserve open market activities. There are approximately 30-40 such dealers.

ADMINISTRATIVE RECEIVER is an Insolvency practitioner appointed when a company goes into receivership (work out). A company may go straight to administrative receivership, presided over by an administrative receiver, usually known simply as the receiver.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.