1) Academic degree 2) Degree 3) Honours degree 4) Victoria Crosses 
[Prevention of Abuses] The Honours (Prevention of Abuses) Act 1925 is an Act of the Parliament of the United Kingdom, that makes the sale of peerages or any other honours illegal. It was brought in after the Liberal Party government of David Lloyd George, (later 1st Earl Lloyd-George of Dwyfor) was embroiled in a widespread and long-term sa...
[n] - (Great Britain) a university degree with honors
honours degree noun a university degree with honors