An honours degree
(Hons or BA (Hons), honors in the United States) is a research academic
degree. It consists of a single-year full-time or two years part-time ...
Third-class honours is the lowest honours classification in most
modern universities (referred to as a "third") . Historically, Oxford
awarded fourth-class honours degrees, and until the late 1970s did not
distinguish between "upper seconds" (2:1s) and "lower seconds" (2:2s).
Roughly 7.2% of students graduating in 2006 with an honours degree
received a Third.