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English definition of “honour”

honour

verb [T] UK ( US honor)     /ˈɒnər/
to do what you promised or agreed to do: honour an agreement/contract/deal All existing contracts will be honoured. honour a commitment/pledge/promise
to allow a cheque, ticket, etc. to be used: The bank was contractually obliged to honour the cheque even when this put the account into the red.
to pay money owed: to honour a claim/debt
(Definition of honour verb from the Cambridge Business English Dictionary © Cambridge University Press)
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