Syllable division derived from spelling — this word is not in the pronouncing dictionary, so no phonetic transcription is shown rather than a guessed one.
time-honored is an adjective meaning "acceptable for a long time". It carries 2 recorded senses.
honored because of age or long usage
“time-honored institutions”
Definitions, synonyms and semantic relations for time-honored come from Princeton University’s WordNet. Commonness is measured against a corpus of everyday English. Full sources and licences.