Prepay (verb)

To pay for something before receiving it or before it is due.

Origin:

Derived from the prefix "pre-" meaning before and the word "pay" meaning "to give money in exchange for goods or services".

Examples:

1. I prefer to prepay my bills so I don't have to worry about them later.
2. You can prepay for your hotel room to get a discount.
3. He decided to prepay his mortgage to save on interest.
4. They prepay for their monthly subscription to save money.
5. We are going to prepay for the concert tickets.