To cut or divide into layers.
To arrange in layers.
One of the items in a hierarchy.
A person who lays anything, such as tiles or a wager.
A (usually) horizontal deposit; a stratum.
A shoot of a plant, laid underground for growth.
An item of clothing worn under or over another.
A single thickness of some material covering a surface.
A mature female bird, insect, etc. that is able to lay eggs.
A hen kept to lay eggs.
one in a stack of (initially transparent) drawing surfaces that comprise an image; used to keep elements of an image separate so that they can be modified independently from one another.
To divide into tranches.
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.
A slice, section or portion.