Some in government ran checks on funding instalment (7)
I believe the answer is:
tranche
'funding instalment' is the definition.
'tranche' can be an answer for 'instalment' (I've seen this before). I am not certain of the 'funding' bit.
'some in government ran checks' is the wordplay.
'some in' indicates a hidden word.
'TRANCHE' is hidden within 'government ran checks'.
'on' acts as a link.
Can you help me to learn more?
(Other definitions for tranche that I've seen before include "Measure" , "Instalment of e.g. loan" , "Share -- chanter (anag)" , "batch supplied" , "Chanter gives up portion of income" .)