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emolument

[ih-mol-yuh-muh nt] /ɪˈmɒl yə mənt/
noun
1.
profit, salary, or fees from office or employment; compensation for services:
Tips are an emolument in addition to wages.
Origin
1470-1480
1470-80; < Latin ēmolumentum advantage, benefit, equivalent to ēmol(ere) to grind out, produce by grinding (ē- e-1 + molere to grind; see mill1) + -u-, variant before labials of -i- -i- + -mentum -ment
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for emolument

emolument

/ɪˈmɒljʊmənt/
noun
1.
the profit arising from an office or employment, usually in the form of fees or wages
Word Origin
C15: from Latin ēmolumentum benefit; originally, fee paid to a miller, from ēmolere, from molere to grind
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Word Origin and History for emolument
n.

mid-15c., from Middle French émolument and directly from Latin emolumentum "profit, gain," perhaps originally "payment to a miller for grinding corn," from emolere "grind out," from ex- "out" (see ex-) + molere "to grind" (see mallet).

Online Etymology Dictionary, © 2010 Douglas Harper
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13
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