Active Tranche

Business, Legal & Accounting Glossary

Definition: Active Tranche

Active Tranche

Full Definition of Active Tranche

Slice of a pool of mortgage backed securities that is currently receiving principal payments. This type of instrument is commonly structured as a collateralized mortgage obligation. Each section has its own maturity date and interest rate. In succession, each tranche in turn will become the active tranche and begin receiving the principal payments.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Active Tranche. Payroll & Accounting Heaven Ltd.
December 08, 2021
Chicago Manual of Style (CMS):
Active Tranche. Payroll & Accounting Heaven Ltd. (accessed: December 08, 2021).
American Psychological Association (APA):
Active Tranche. Retrieved December 08, 2021
, from website:

Definition Sources

Definitions for Active Tranche are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.