installment
/ɪnˈstɔːlmənt/noun
One part of something delivered, paid, or published in a series at scheduled intervals.
British English spells it 'instalment'. 'To pay in installments' is the everyday context.
Related words
depositAn amount of money put into a bank account for safekeeping or to earn interest.negotiateTo discuss something with others in order to reach a deal or agreement.balanceA condition where different forces are evenly matched, so nothing tips one way or the other.haggleTo bargain back and forth with a seller in order to get a lower price.accountA record of money received and spent, or a formal statement of business dealings.bargainingThe process of negotiating over a price or the terms of a deal.