Honorarium

An honorarium is a voluntary payment given to someone for their services, typically in recognition of their expertise or contribution, without a formal fee or contractual obligation. It’s often used for activities like speaking engagements, workshops, or voluntary work where the person’s role is valued but not formally charged for. The amount may vary and is usually determined by mutual agreement or as a token of appreciation. Honorariums are common in academic, professional, and nonprofit settings and serve as a way to acknowledge valuable contributions without implying a standard salary or fee.