Honorarium
Pronunciation : Hon`o*ra"ri*um, Hon"or*a*ry
Part of Speech : n.
Etymology : [L. honorarium (sc. donum), fr. honorarius. See Honorary, a.]
Definition : 1. A fee offered to professional men for their services; as, an honorarium of one thousand dollars. S. Longfellow.
2. (Law)
Defn: An honorary payment, usually in recognition of services for which it is not usual or not lawful to assign a fixed business price. Heumann.
Source : Webster's Unabridged Dictionary, 1913