Focus on the pronunciation of pre-payment
English definition of “pre-payment”
pre-payment (also prepayment)
noun [C or U]
› COMMERCE the act of paying for something before you receive it, or the amount of the payment: Send your order with pre-payment by cheque.
› FINANCE the act of paying back all or part of a debt before you have to: People didn't discover the prepayment penalties until they tried to refinance their loans.