Credit Card Glossary: Terms and Definitions
A tranche is a portion of a securitized credit card portfolio. Tranches are typically organized into classes based on risk (i.e. Class A, Class B, etc.) Investors buy portions of a securities portfolio and are paid based on the hierarchy of tranches.
Terms from A-Z
Search the CreditCards.com glossary for every credit-related term from "account holder" to "zombie debt." Select a letter for alphabetized terms and definitions.