Here are some examples:
* "Passing Algebra is a prerequisite for taking Geometry." This means you have to pass Algebra before you're allowed to take Geometry.
* "A college degree is a prerequisite for this job." This means you need a college degree to be considered for the job.
* "Having a driver's license is a prerequisite for renting a car." You need a driver's license to rent a car.
Essentially, a prerequisite is a condition that must be met before something else can happen.