emolument


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Emolument

The profit arising from office, employment, or labor; that which is received as a compensation for services, or which is annexed to the possession of office as salary, fees, and perquisites. Any perquisite, advantage, profit, or gain arising from the possession of an office.

emolument

n. salary, wages and benefits paid for employment or an office held.

emolument

noun advance, allowance, benefit, bonus, commission, compensation, consideration, earnings, fee, income, indemnification, pay, payment, profit, recompense, remuneration, requital, restitution, revenue, reward, salary, stipend, tribute, wage
See also: advance, alimony, bounty, brokerage, charge, commission, compensation, consideration, disbursement, earnings, fee, honorarium, pay, payment, pension, perquisite, profit, recompense, remittance, requital, restitution, revenue, reward, wage

emolument

in revenue law, income from employment. Statute defines it as including ‘all salaries, fees, wages, perquisites and profits whatsoever’. Perquisites include benefits in kind.

EMOLUMENT. The lawful gain or profit which arises from an office.

References in periodicals archive ?
Accepting a share of partnership profits is considered an emolument where some portion of the share is derived from the partnership's representation of a foreign government.
A former minister who has been accused of abusing his position, was provided with emoluments according to a royal decree, he said.
The suit, expected to be announced Monday, would allege the president breached the Constitution's anti-corruption clause, also known as foreign emoluments clause, by taking payments and benefits since assuming office.
This man is grossly overpaid, even taking into account his trade union emolument, which surely should be paid by the Union and not Birmingham City Council.
Constitution specifies: "No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince or foreign State.
Constitution  that states: "The President shall, at stated times, receive for his services, a compensation, which shall neither be increased nor diminished during the period for which he shall have been elected, and he shall not receive within that period any other emolument from the United States or any of them.
Alice Leguay, Emolument cofounder and chief operating officer, said: "Despite high-delta remuneration, finance jobs are not topping our table.
The Emoluments Clause permits the president to collect a salary but bars him from receiving any other emolument from the United States or any state or to accept any present, emolument, officer, or title, of any kind whatever, from any king, prince or foreign state without congressional consent.
So they wrote a strict rule into the text of the Constitution, the Foreign Emoluments Clause, which provides that federal officeholders may not "accept of any present, emolument, office, or title, of any kind whatever, from any king, prince, or foreign state" without Congress's approval.
One clause prohibits officials from accepting"any present, emolument, office, or title, of any kind whatever" from foreign governments unless Congress approves; another bars presidents from getting payments from federal or state governments other than their salaries.
As the days seem to inch as slowly as possible to the long weekend , we wondered too, and Emolument gave us some answers.
2) The Domestic Emoluments Clause provides that the president's salary shall remain fixed during his term, and that the president cannot receive any emolument other than his statutory salary, from any state government or any part of the federal government, during his term of office.