Definitions of "honor"
  1. The act of agreeing to make a payment upon the presentation of a financial request called draft, check, note, or similar instrument
  2. The act of buying or reducing the cost of a financial draft, in accordance with the terms set out in a letter of credit
How to use "honor" in a sentence
  1. The bank agreed to honor the check that was presented by the merchant.
  2. The financial institution decided to honor the terms of the letter of credit and purchased the draft at a discounted price.
  3. When presented with valid proof, the company will honor your rebate claim.

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