Which term describes the payment of share capital in different stages rather than all at once?

Installment payment

Instalment payment refers to the practice of collecting share capital in different stages or payments over a period of time, rather than requiring shareholders to pay the entire amount upfront. This approach allows shareholders to contribute to the share capital gradually, making it more manageable for investors and potentially attracting a wider range of individuals who might not have the immediate means to pay the full capital amount at once. When shares are issued with an instalment payment plan, shareholders are required to pay a portion of the total share price upfront, followed by subsequent payments over specific intervals. The intervals and amounts for each instalment are usually outlined in the company's prospectus or offering documents.