IPA: /ɪˈmɒljʊmənt/
KK: /ɪˈmɒljʊmənt/
A payment or compensation received for holding a position or job, often in the form of salary or benefits.
The emolument for the new position includes a generous salary and additional perks.
Emolument is derived from the Latin "emolumentum" (meaning profit or gain), which comes from "emolere" (meaning to grind out or to work out). The word refers to a benefit or payment received for work or services rendered.
Think of 'grinding out' a profit or gain — that's how emolument relates to receiving a benefit or payment for work.