parcel vs tranche

parcel

noun
  • A portion of anything taken separately; a fragment of a whole; a part. 

  • An individual item appearing on an invoice or receipt (only in the phrase bill of parcels). 

  • A package wrapped for shipment. 

  • An individual consignment of cargo for shipment, regardless of size and form. 

  • A small amount of food that has been wrapped up, for example a pastry. 

  • A division of land bought and sold as a unit. 

  • An indiscriminate or indefinite number, measure, or quantity; a collection; a group. 

verb
  • To divide and distribute by parts or portions; often with out or into. 

  • To wrap a strip around the end of a rope. 

  • To wrap something up into the form of a package. 

  • To add a parcel or item to; to itemize. 

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