An honor cord is a token consisting of twisted cords with tassels on either end awarded to members of honor societies or for various academic and non-academic achievements, awards, or honors. Usually, cords come in pairs with a knot in the middle to hold them together. Sometimes sashes, stoles, or medallions are given in place of cords. They are most often worn at academic ceremonies and functions. With cap and gown, and (sometimes) the hood, high school or university degree candidates have worn these cords at the discretion of the educational institution, but they are not usually worn with academic regalia after the academic year in which the honor was awarded. Unlike hoods and stoles, by tradition more than one cord may be worn at the same time.

In the United States, an honor society is an organization that recognizes individuals who excel in various domains such as academics, leadership, and other personal achievements, not all of which are based on ranking systems. These societies acknowledge excellence among peers in diverse fields and circumstances. The Order of the Arrow, for example, is the National Honor Society of the Boy Scouts of America. While the term commonly refers to scholastic honor societies, which primarily acknowledge students who excel academically or as leaders among their peers, it also applies to other types of societies.