honorarium

honorarium definition - business

honorarium

A one-time payment to a nonemployee as a show of appreciation for a special service. For example, a well-known professional receives an honorarium for a speech.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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