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What are instalments?

What are instalments? Here are some definitions.

Noun
  1. plural of instalment
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Examples
Fees are paid in non-refundable instalments, the timing of which depends on the country where you are studying.
After paying a deposit, you pay monthly instalments over a fixed term at a fixed rate of interest.
In some industrial and construction loans the amount lent may be drawn down by the borrower in instalments within an agreed period.
The above split of proceeds excludes the moneys of pre-delivery instalments already paid by the company and received by the Yard.
This is the first in what we plan to be a regular series of cases, which we will publish in instalments.
I seem to vaguely recall that he briefly had a deal to be a frequent guest star and to contribute to the scripts of other instalments.

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