tranches

简明释义

英[trɒnʃ]美[trɑnʃ]

n. 部分；一份（tranche 的复数）

英英释义

单词用法

同义词

反义词

例句

1.There are also legal issues with underwriting principal when different tranches of mortgage-backed securities are not held by a single investor.

当不同期的按揭证券并非由同一出资者拥有时，承销本金还存在着法律方面的问题。

2.Chapter iv we numerically realize the prices of CDO tranches, and analysis the sensitivity based on result obtained.

第四章通过数值计算实现CDO分券模拟价格，并对最终的结果进行了敏感性分析。

3.That could reduce demand for tranches of nearly equivalent risk, as firms become less keen to hold them.

这会削减其他风险基本等价的那部分资产支持证券的需求，因为机构越来越不愿意持有它们。

4.For example, IASB is likely to allow only the very top tranches of asset-backed securities to be classified as loans.

例如，国际会计准则理事可能只允许顶尖的一部分资产支持证券被分类为贷款。

5.When the housing bubble burst and house prices started declining, borrowers began to default, the lower tranches were hit with losses, and higher tranches became more risky and declined in value.

房地产泡沫破裂的时候、当房价下降的时候，借款人开始违约，低层的“块块”被市场击中，发生亏损，高层的“块块”风险增大，价值下降。

6.Investors, typically hedge funds, buy high-coupon bonds that are often divided into tranches.

投资者，通常是对冲基金，购买这种分为不同部分的高利率债券。

7.The investment was divided into several tranches (分期) to manage risk more effectively.

投资被分成几个tranches（分期），以更有效地管理风险。

8.The project was funded in three tranches (分期) to align with its development phases.

该项目分三个tranches（分期）进行资金筹集，以与其开发阶段对齐。

9.The company raised funds in multiple tranches (分期) to ensure liquidity over time.

公司通过多个tranches（分期）筹集资金，以确保流动性。

10.Each tranche (分期) of the loan had different interest rates based on the risk profile.

贷款的每个tranche（分期）根据风险特征有不同的利率。

11.Investors received their returns in tranches (分期) according to the performance of the underlying assets.

投资者根据基础资产的表现按tranches（分期）获得回报。

作文

In the world of finance, the term tranches (分期) is frequently used to describe the division of a larger financial product into smaller parts. This concept is particularly prevalent in the context of structured finance, where large sums of money are broken down into manageable pieces for investors. Each tranche (分期) represents a different level of risk and return, allowing investors to choose which portion of the investment aligns with their financial goals and risk tolerance.The process of creating tranches (分期) can be seen in various financial instruments, such as mortgage-backed securities (MBS) or collateralized debt obligations (CDOs). For instance, when a bank bundles together a group of mortgages, it can create several tranches (分期) based on the credit quality of the underlying loans. The highest-rated tranche (分期) might be considered the safest investment, receiving priority in payments, while lower-rated tranches (分期) carry higher risks but also the potential for greater returns.Investors are often drawn to tranches (分期) because they allow for diversification within a single investment vehicle. By purchasing multiple tranches (分期) from the same financial product, an investor can spread their risk across different levels of security. This strategy can be particularly beneficial during economic downturns, as different tranches (分期) may react differently to market conditions.However, investing in tranches (分期) also requires careful analysis and understanding of the associated risks. Not all tranches (分期) are created equal, and some may become significantly more risky if the underlying assets perform poorly. For example, during the financial crisis of 2008, many investors who had purchased lower-rated tranches (分期) of mortgage-backed securities faced substantial losses as defaults surged.Moreover, the complexity of tranches (分期) can make it challenging for the average investor to fully comprehend what they are buying into. Financial institutions often use intricate models to assess the performance of each tranche (分期), and without a strong background in finance, it may be difficult to evaluate these investments accurately.In conclusion, tranches (分期) play a crucial role in modern finance by providing a way to manage risk and cater to different investor appetites. They allow for greater flexibility in investment strategies, enabling investors to select the level of risk they are comfortable with. However, it is essential for investors to conduct thorough research and seek professional advice when dealing with tranches (分期), as the potential for high returns comes with significant risks. Understanding the nuances of tranches (分期) can ultimately lead to more informed investment decisions and better financial outcomes.

在金融世界中，术语tranches（分期）通常用于描述将较大金融产品划分为更小部分的过程。这个概念在结构性金融中尤为常见，在这种情况下，大笔资金被拆分成可管理的部分供投资者使用。每个tranche（分期）代表不同的风险和收益水平，使投资者能够选择与其财务目标和风险承受能力相符的投资部分。创建tranches（分期）的过程可以在各种金融工具中看到，例如抵押贷款支持证券（MBS）或担保债务义务（CDO）。例如，当银行将一组抵押贷款捆绑在一起时，可以根据基础贷款的信用质量创建几个tranches（分期）。评级最高的tranche（分期）可能被认为是最安全的投资，优先获得支付，而评级较低的tranches（分期）则承担更高的风险，但也有更大的回报潜力。投资者通常会被tranches（分期）所吸引，因为它们允许在单一投资工具中实现多元化。通过购买来自同一金融产品的多个tranches（分期），投资者可以将风险分散到不同的安全级别。这种策略在经济下行期间尤其有利，因为不同的tranches（分期）可能会对市场条件作出不同反应。然而，投资于tranches（分期）也需要仔细分析和理解相关风险。并非所有的tranches（分期）都是平等的，如果基础资产表现不佳，一些可能变得显著更具风险。例如，在2008年的金融危机期间，许多购买了低评级tranches（分期）抵押贷款支持证券的投资者面临巨额损失，因为违约率飙升。此外，tranches（分期）的复杂性可能使普通投资者难以完全理解他们所购买的内容。金融机构通常使用复杂的模型来评估每个tranche（分期）的表现，如果没有扎实的金融背景，准确评估这些投资可能会很困难。总之，tranches（分期）在现代金融中发挥着至关重要的作用，通过提供管理风险和满足不同投资者需求的方法。它们为投资策略提供了更大的灵活性，使投资者能够选择他们舒适的风险水平。然而，投资者在处理tranches（分期）时必须进行彻底的研究，并寻求专业建议，因为高回报的潜力伴随着重大风险。理解tranches（分期）的细微差别最终可以导致更明智的投资决策和更好的财务结果。