HONORARIUM

Honorarium

An honorarium is an ex gratia payment made to a person for their services in a volunteer capacity or for services for which fees are not traditionally required. This is used by groups such as schools or sporting clubs to pay coaches for their costs. Another example includes the payment to a guest speaker at a conference to cover their travel, accommodation, or preparation time.

The above text is a snippet from Wikipedia: Honorarium
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honorarium

Noun

  1. Compensation for services that do not have a predetermined value.


The above text is a snippet from Wiktionary: honorarium
and as such is available under the Creative Commons Attribution/Share-Alike License.

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