The phrase "second tranche" refers to a second installment or portion of something, such as money, shares, or loans, that is distributed or released after the first installment. Full definition
Notable deals in the fourth quarter included the above - mentioned private equity and Series B rounds to File & ServeXpress and Wusong Technology, respectively, as well as the $ 3.48 M second tranche of Series A financing to Casetext, and the $ 1.75 M financing to eBrevia. (cbinsights.com)
The government of the state of Osun has announced that it has received the sum of N6.314 bn second tranche of the Paris Club refunds. (nigeriapoliticsonline.com)
The tapering of economic stimulus by the Federal Reserve remains a major hurdle for the U.S. economy, and the country will soon face the ominous task of overcoming the second tranche of the sequester, as Erica Alini noted recently. (canadianbusiness.com)