What Is an Honorarium?

Answer

An honorarium is considered to be a compensation that’s normally provided to someone in exchange for a service where payments aren’t conventionally made or required. For tax purposes, the payment must be declared and treated as income. This kind of payment involves transport, food, housing or other benefits.
2 Additional Answers
Ask.com Answer for: what is an honorarium
hon·o·rar·i·um
[on-uh-rair-ee-uhm]
NOUN [PLURAL HON·O·RAR·I·UMS, HON·O·RAR·I·A]
1.
a payment in recognition of acts or professional services for which custom or propriety forbids a price to be set: The mayor was given a modest honorarium for delivering a speech to our club.
2.
a fee for services rendered by a professional person.
Source: Dictionary.com
An honourarium is payment made to a person or a group of people for services which they give voluntarily. This payment is a sign of thanksgiving to the person for services which he or she did not expect or demand to be paid for. Such payment include transport allowance given to a volunteer guest speaker.
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