also: わっぷ
noun
installment payment; allotment; quota
Primarily used in financial contexts for dividing payments into installments. Also used for allocation or quota in business settings.
この車は割賦で購入した。
I bought this car on installment.
各部署に予算の割賦が行われた。
The budget was allotted to each department.
Compound of 割 (division) and 賦 (levy, distribute). The reading かっぷ is a kan'on reading, while わっぷ is a less common mixed reading.