EMOLUMENT

emolument

(noun) compensation received by virtue of holding an office or having employment (usually in the form of wages or fees); “a clause in the U.S. constitution prevents sitting legislators from receiving emoluments from their own votes”

Source: WordNet® 3.1

Etymology

Noun

emolument (plural emoluments)

(formal) Payment for an office or employment; compensation for a job, which is usually monetary.

Synonyms: payment, fee, compensation

Source: Wiktionary

E*mol"u*ment, n. Etym: [L. emolumentum, lit., a working out, fr. emoliri to move out, work out; e out + moliri to set in motion, exert one's self, fr. moles a huge, heavy mass: cf. F. émolument. See Mole a mound.]

Definition: The profit arising from office, employment, or labor; gain; compensation; advantage; perquisites, fees, or salary. A long . . . enjoyment of the emoluments of office. Bancroft.

Source: Webster’s Unabridged Dictionary 1913 Edition

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