Per UVA policy FIN-002, "Payment for Academic Services" An Honorarium is a token of
appreciation paid to an individual for services performed for which payment is not required. The
services involved vary but are generally associated with oral presentations made at University
sponsored functions. This is an informal arrangement without contract or invoicing. Policy FIN-014
governs "Honorarium Payments to Non-Employees Including Short-term, Non-Immigrant
Alien Visitors". Link - Fin-014