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emolument

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e⋅mol⋅u⋅ment

  [i-mol-yuh-muhnt]
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–noun
profit, salary, or fees from office or employment; compensation for services: Tips are an emolument in addition to wages.
Origin:
1470–80; < L ēmolumentum advantage, benefit, equiv. to ēmol(ere) to grind out, produce by grinding (ē- e- + molere to grind; see mill 1 ) + -u-, var. before labials of -i- -i- + -mentum -ment

Synonyms:
earnings, pay, recompense, stipend, honorarium.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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e·mol·u·ment   (ĭ-mŏl'yə-mənt)   
n.  Payment for an office or employment; compensation.

[Middle English, from Latin ēmolumentum, gain, originally a miller's fee for grinding grain, from ēmolere, to grind out : ē-, ex-, ex- + molere, to grind; see melə- in Indo-European roots.]
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Word Origin & History

emolument 
1435, from L. emolumentum "profit, gain," perhaps originally "payment to a miller for grinding corn," from emolere "grind out," from ex- "out" + molere "to grind."
Online Etymology Dictionary, © 2001 Douglas Harper
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Legal Dictionary

Main Entry: emol·u·ment
Pronunciation: i-'mäl-y&-m&nt
Function: noun
: a return arising from office or employment usually in the form of compensation or perquisites emolument —U.S. Constitution article II>
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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