A first loss tranche is the sum of all tranches up to an
attachment point. For example, 0-6%, the sum of the 0-3% tranche
and the 3-6% tranche, is a first loss tranche.
A first loss tranche is the sum of all tranches up to an
attachment point. For example, 0-6%, the sum of the 0-3% tranche
and the 3-6% tranche, is a first loss tranche.
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La Tranche-sur-Mer's population is 2,691.
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The area of La Tranche-sur-Mer is 17.63 square kilometers.
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tranche
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Tranche is a derivative of the same french word meaning "slice."
In financial terms it means a part of a transaction, for example an
investment could be divided by tranches and have varying terms and
returns depending upon the tranche.