emolument[ē mäl′yo̵̅o̅ mənt, i-; -yə-]
- Emolument is defined as a salary or fee obtained for holding office or for your employment.
The money you are paid for holding political office is an example of emolument.
gain from employment or position; payment received for work; salary, wages, fees, etc.
Origin of emolumentMiddle English ; from Classical Latin emolumentum, the result of exertion, gain, profit ; from emolere, to grind out ; from e-, out + molere, to grind: see mill
Payment for an office or employment; compensation.
Origin of emolumentMiddle English, from Latin ēmolumentum, gain, originally a miller's fee for grinding grain, from ēmolere, to grind out : ē-, ex-, ex- + molere, to grind; see mel&schwa;- in Indo-European roots.
emolument - Legal Definition
A payment or other benefit received as a result of employment or of the holding of a public office.