IPA: //ˈpriːpeɪd//
KK: /priˈpeɪd/
Describing something that has been paid for before it is used or received.
I bought a prepaid phone plan to avoid monthly bills.
To pay for something in advance before receiving the service or product.
I prepaid for my hotel room to ensure I had a place to stay when I arrived.
Past: prepaid
Past Participle: prepaid
Prepaid → It is formed from "pre-" (meaning before) and "paid" (from Old English "pægan", meaning to pay). The word "prepaid" means to have paid for something before it is used or received.
Think of having paid 'before' ('pre-') you actually use something — that's what prepaid means.