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English definition of “tranchette”

tranchette

noun [ C]     /trɑːnʃˈet/
FINANCE, STOCK MARKET a small number of shares that is sold in addition to a much larger number that has already been made available for sale : The bids received were 2.28 times the amount of stock on offer , so the bank announced the issue of three new tranchettes of tap stock .
(Definition of tranchette noun from the Cambridge Business English Dictionary © Cambridge University Press)
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