department vs tranche

department

noun
  • A part, portion, or subdivision. 

  • One of the divisions of instructions 

  • A territorial division; a district; especially, in France, one of the districts into which the country is divided for governmental purposes, similar to a county in the UK and in the USA. France is composed of 101 départements organized in 18 régions, each department is divided into arrondissements, in turn divided into cantons. 

  • A distinct course of life, action, study, or the like. 

  • A military subdivision of a country 

  • A specified aspect or quality. 

  • One of the principal divisions of executive government 

tranche

noun
  • A slice, section or portion. 

  • A distinct subdivision of a single policyholder's benefits, typically relating to separate premium increments. 

  • One of a set of classes or risk maturities that compose a multiple-class security, such as a CMO or REMIC; a class of bonds. Collateralized mortgage obligations are structured with several tranches of bonds that have various maturities. 

  • A pension scheme's or scheme member's benefits relating to distinct accrual periods with different rules. 

verb
  • To divide into tranches. 

How often have the words department and tranche occurred in a corpus of books? (source: Google Ngram Viewer )