tranche

Defined in Article 2, Securitisation Regulation

Definitions over time (1)

1. 09/04/2021 – today applies on 12/11/2026 Article 2, Securitisation Regulation Scope: Whole act

   For the purposes of this Regulation, the following definitions apply:

   ‘tranche’ means a contractually established segment of the credit risk associated with an exposure or a pool of exposures, where a position in the segment entails a risk of credit loss greater than or less than a position of the same amount in another segment, without taking account of credit protection provided by third parties directly to the holders of positions in the segment or in other segments;

Used in (10 places in 5 provisions on 12/11/2026)

Securitisation Regulation (10 in 5)

Recital 16 · Article 2⁴ · Article 6 · Article 26c² · Article 26e²