tag:blogger.com,1999:blog-3972382144120426476.post3805240564032434480..comments2024-03-28T04:49:59.527-05:00Comments on Every goddamn day: 03/28/24: Lost in a tranche.Neil Steinberghttp://www.blogger.com/profile/11468057838260476480noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-3972382144120426476.post-6748507445281184922019-10-02T20:34:35.058-05:002019-10-02T20:34:35.058-05:00While I'm vaguely familiar with what "tra...While I'm vaguely familiar with what "tranche" means, I had not come across "loanword" before, and I'm concerned about what we're supposed to do if the French want it back. I have a horrible mental picture of reaching a crucial point in a conversation about subpoenas, and having to lapse into silence while making slicing motions with the hands.Andyhttps://www.blogger.com/profile/15875378656423252469noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-56833392702510722432019-09-29T13:34:31.126-05:002019-09-29T13:34:31.126-05:00The English language is a vernacular of vernacular...The English language is a vernacular of vernaculars, with a vocabulary originally stitched together from Greek, Latin, French, and German, and with no policeman baring the introduction of coinages and all matter of foreign imports. New words appear on the doorstep all the time and their meanings often evolve to fit new circumstances. As Robert Graves pointed out in a lovely book called "The Reader Over Your Shoulder" this has sometimes been deplored by self-appointed guardians of the language, but resistance is futile. As evidence, he cited a complaint lodged by Alexander Gil, a 17th Century schoolmaster:<br /><br /> "O harsh lips! I now hear all around me such words as 'common, 'vices,' 'envy,'<br /> 'malice,' even 'virtue, 'justice,' 'colour,''grace,'favour,' 'acceptance.'<br /> But whither, I pray, have you banished those words which our forefathers used <br /> for there new fangled ones."<br />That said, 'tranche,' with its contemporary meaning, might be useful to people prepared to use it all the time, but it seems not ready for public consumption.<br /><br />Tom Tomhttps://www.blogger.com/profile/09641357239788323783noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-29084774952263553762019-09-29T12:37:16.088-05:002019-09-29T12:37:16.088-05:00Not sure. I doubt to show off. Maybe somebody nudg...Not sure. I doubt to show off. Maybe somebody nudged from the financial realm wrote it, not realizing the context has changed. The Times in general has a disconnect with readers who aren't arbitrage traders earning $1 million a year.Neil Steinberghttps://www.blogger.com/profile/11468057838260476480noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-33766112024353583232019-09-29T10:38:40.139-05:002019-09-29T10:38:40.139-05:00Lovely and appropriate illustration choice!
Maybe...Lovely and appropriate illustration choice!<br /><br />Maybe it’s because my husband worked in the financial sector (not earning $1 million a year, sadly), but I find tranche to be a succinct w way to describe a specific section of a larger category. Coeyhttps://www.blogger.com/profile/06130250489695215525noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-49657257687663915882019-09-29T08:43:23.336-05:002019-09-29T08:43:23.336-05:00Why DO you think "the gray lady" felt th...Why DO you think "the gray lady" felt the need to use it? <br />It does seem wholly unnecessary and somewhat mosplaced if its usage has been mostly confined to financial matters - except for in the U.K..Paul Fedrickhttps://www.blogger.com/profile/04384556977324071639noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-6566286779773156222019-09-29T06:31:09.666-05:002019-09-29T06:31:09.666-05:00My introduction to the word came in the coverage o...My introduction to the word came in the coverage of the Crash of '07 & the subsequent Great Recession. Mortgage-backed securities, a key to the disaster, included "tranches" of mortgages with varying interest rates & risk. "A collateralized mortgage obligation (CMO) offering a partitioned mortgage-backed securities portfolio might have mortgage tranches with one-year, two-year, five-year and 20-year maturities, all with varying yields."(Investopedia.com). Lousy, high-risk mortgages foisted on folks who couldn't afford them were stuffed into groups of better deals. How'd that work out?! Anymore, I see & hear the word with a distinctly negative connotation.J.J. Tindallhttps://www.blogger.com/profile/13381555158949851490noreply@blogger.com