constituent vs tranche

constituent

noun
  • A part, or component of a whole 

  • A resident of an area represented by an elected official, particularly in relation to that official. 

  • A person or thing which constitutes, determines, or constructs 

  • A functional element of a phrase or clause 

  • A voter who supports a (political) candidate; a supporter of a cause. 

  • One who appoints another to act for him as attorney in fact 

adj
  • constitutive or constituting; (politics) authorized to make a constitution 

  • being a part, or component of a whole 

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 constituent and tranche occurred in a corpus of books? (source: Google Ngram Viewer )