When a man and a woman love each other, they can opt (i) for sexual
relations or (ii) to memorialize their feelings in a securities contract.
English makes it difficult to gender a piece of paper.
Even though I babble Latin, the doctor assuages my parents’ fears,
assures them I’m indeed living.
My parents, perhaps biased, repeat that I’m the most beautiful legal
document in the whole world.
After leaving the hospital, they take me to the exchange.
My crib is a plastic sheet tucked into a writing desk drawer.
A bespeckled man with a milky beard gazes from atop a wooden
crate. He predicts that, one day, I will be worth 30 pearls, an entire
bundle of flax, or six counterfeit rubies.
My parents are keen on those three outcomes.
What my parents learn is that securities contracts are not
circumcised. They are sliced into tranches.
Some price my finest details: a stylized
T to start a paragraph, an
anachronistic diagram of a human skeleton.
Some speculate that a thumb-smudged page number or struck-
through drafting error will solicit a turquoise shaving or heron
feather at some later date.
Bidders disperse when they must pay more than quail eggshells for
my errata.
My parents are aghast as I’m confettied to the highest bidder.
Think of tranches like trenches.
A trench may be a rut, channel, furrow, or cut depending on when a
shovel breaks or Orion hides his bicep behind cloud cover.
A trench doesn’t become an excavation just because that’s where
the wind hides confetti squares appraised as worthless.
But that is one reason.
Jason Fraley is a native West Virginian who lives, works, and periodically writes in Columbus, OH. Current and prior publications include Salamander Magazine, Barrow Street, Jet Fuel Review, Quarter After Eight, West Trade Review, and Pine Hills Review.