The amount to be paid for an insurance policy.
A bonus paid in addition to normal payments.
Something offered at a reduced price as an inducement to buy something else.
An unusually high value.
A prize or award.
The amount by which a security's value exceeds its face value.
High-end; belonging to the market segment between mid-market and luxury.
Superior in quality; higher in price or value.
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.
To divide into tranches.