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Traunchy

Traunchy mean when so one is so ugly weird boring all the bad words in once but in a nicer way. Lmaooo
That is so traunchy.
by A badbitxh77 December 17, 2020
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Traunchy

Someone being ridiculously trashy and raunchy. Just straight up nasty!
Lindsay is one traunchy bitch!
by jaim123 April 30, 2009
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Traunce

1. A giant fury black beast, sometimes mistaken with a Newfoundland dog. Has a certain hate for small animals on leashes that may resemble a rodent on a string.
2. A word also used to described the action of a Traunce.
a) Hey look, it's a Traunce.. run!
b) She just traunced that small dog over there.
c) After stepping on a piece of glass, I think one of her traunces got hurt.
by BeastMaster2000 April 24, 2010
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Tranched Value Security (TVS)

(FINANCE) patent pending a financial derivative that splits the value of underlying asset in various proportions, each of which has a specific seniority level (less senior cannot be executed before the senior one). It allows the owner to claim either fixed monetary value or variable value share of underlying asset, depending on the specific Tranched Value Security's seniority.

A Tranched Value Security (TVS) allows one to get a risk and return exposure to the specific level of underlying asset price risk, as opposed to previously existent derivatives that allowed to do so with the entire asset price only. Within such design of financial security, owner of TVS is able to reap significant profits by taking limited risk.

One could issue a Senior and Junior Tranched Value Securities, each having a variable value share of 50%, and fixed value share of $40, backed by (say) one Bitcoin when it's price was $100. If consequentially the Bitcoin price declines to $80, the Senior TVS would remain at $50 (0% return), while the Junior TVS would become $30 (-40% return). With subsequent price correction to $110 per one Bitcoin, both TVSs would have a claim of 50% of market price ($55), making the return of Senior TVS +10%, and return for Junior TVS +83%.
Buying a Senior Tranched Value Security is a way to get a long position in the underlying asset's potential returns, with significantly limited downside potential.

Buying a Junior TVS is a way to get substantial return potential, surpassing that of leveraged positions, while having no chance of being liquidated.

Selling a Tranched Value Security (TVS) is a way to get rid of the desired either upper (exposing oneself to greater returns) or lower part (exposing oneself to less volatile returns) of price risk of underlying asset.
by Derivatives Powerhouse January 21, 2021
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Poo Truncheon

Used to describe a long, hardened length of feces that has all the necessary attributes of a certain type of law enforcement device.
'Good lord!, What a particularily savage looking poo truncheon my anus has decided to manifest in this here toilet bowl.'
by muckguppy November 18, 2007
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traunch burger

A raunchy naunchy burger.
by Britnastyy November 2, 2008
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luncheon truncheon

its the bit that likes to hang around between a blokes legs, between his balls and his bellybutton, unless he's weird and deformed in case you should probably stop looking.. or asking for that matter. freak.
Cyril nearly knocked Wendy out with his luncheon truncheon as they ran naked through the field...
by Tom C, Rich W, and Suzi S April 21, 2004
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