instalment
/ɪnˈstɒlmənt/Definitions
1. noun
A part of a whole that is to be paid or given at a particular time.
“The company will pay the instalment of $1,000 every month for the next 6 months.”
2. noun
A part of a series of payments or deliveries that are to be made at regular intervals.
“The instalment of the new software will be released every quarter.”
3. noun
A part of a whole that is to be presented or performed at a particular time.
“The play is being performed in instalments, with the final instalment next week.”