A somewhat formal or literary term for a good name or renown. Not an everyday word; often replaced by 名声 or 評判 in casual speech.
He gained fame through that invention.
You should refrain from actions that would tarnish your good name.
From 令 (good, excellent) + 名 (name). The exact historical derivation is uncertain, but the combination naturally yields the meaning 'good name' or 'good reputation'.