Tranche Financial Glossary
What is it? A group of securities issued at the same time by the same issuer, that have differing characteristics such as risk, reward, maturity, and credit rating.Finance Term Definition Added By: Seth
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Other Similar Finance Terms:
Financial Term Assets is Cash on hand in checking and savings accounts; trusts, stocks, bonds, other securities; real estate (excluding home), income-producing property, business equipment, and business inventory. Considered in determining Expected Family Contribution (EFC).Financial Term Cash ISA is An account that allows you to earn interest tax free on cash savings.
Financial Term Debit is A dollar amount that appears on the left-hand side of an account ledger. Use debit to record an increase in an asset or a decrease in a liability or in owners equity.
Financial Term Operating Accounts is Operating accounts include revenues (tuition, fees) expenditures (labor related costs, supplies and services), and transfers.
Financial Term Settlement Date is In US financial markets, an investor must pay for the purchase of shares by the third business day after securities are bought. An investor is also obligated to deliver an investment that he or she has sold by the third business day after the transaction.