Emolument is defined as a salary or fee obtained for holding office or for your employment.(noun)
The money you are paid for holding political office is an example of emolument.
See emolument in Webster's New World College Dictionary
Origin: ME < L emolumentum, the result of exertion, gain, profit < emolere, to grind out < e-, out + molere, to grind: see mill
See emolument in American Heritage Dictionary 4
Origin: Middle English
Origin: , from Latin ēmolumentum, gain, originally a miller's fee for grinding grain
Origin: , from ēmolere, to grind out
Origin: : ē-, ex-, ex-
Origin: + molere, to grind; see melə- in Indo-European roots.
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