DEFINITION of 'Emolument'

Compensation for employment, services or holding office. Emolument is generally used in a legal context. Emolument can vary depending on the type and length of service being performed.


Emolument is derived from the Latin term "emolumentum." It originally meant the sum paid to a miller for grinding a customer's wheat. Today, the term exist mostly as a bit of archaic legalese, but it might be at the root of the expression, "grinding out a living."

  1. Earned Income

    Income derived from active participation in a trade or business, ...
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    A way corporations use stock options to reward employees. Stock ...
  3. Tip Income

    Income that a service professional earns that is not part of ...
  4. Base Pay

    An employee's initial rate of compensation, excluding extra lump ...
  5. Remuneration

    Payment or compensation received for services or employment. ...
  6. Employee Stock Option - ESO

    A stock option granted to specified employees of a company. ESOs ...
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