emolument
emol·u·ment
noun \i-ˈmäl-yə-mənt\Definition of EMOLUMENT
1
: the returns arising from office or employment usually in the form of compensation or perquisites
2
archaic : advantage
Examples of EMOLUMENT
- <the annual emolument for the director of the charity is officially only one dollar>
Origin of EMOLUMENT
Middle English, from Latin emolumentum advantage, from emolere to produce by grinding, from e- + molere to grind — more at meal
First Known Use: 15th century
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