perquisite

[pur-kwuh-zit]
noun
1.
an incidental payment, benefit, privilege, or advantage over and above regular income, salary, or wages: Among the president's perquisites were free use of a company car and paid membership in a country club.
2.
a gratuity or tip.
3.
something demanded or due as a particular privilege: homage that was once the perquisite of royalty.

Origin:
1400–50; late Middle English < Medieval Latin perquīsītum something acquired, noun use of neuter of Latin perquīsītus (past participle of perquīrere to search everywhere for, inquire diligently). See per-, inquisitive

perquisite, prerequisite.
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World English Dictionary
perquisite (ˈpɜːkwɪzɪt)
 
n
1.  an incidental benefit gained from a certain type of employment, such as the use of a company car
2.  a customary benefit received in addition to a regular income
3.  a customary tip
4.  something expected or regarded as an exclusive right
 
[C15: from Medieval Latin perquīsītum an acquired possession, from Latin perquīrere to seek earnestly for something, from per- (thoroughly) + quaerere to ask for, seek]

Collins English Dictionary - Complete & Unabridged 10th Edition
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Etymonline
Word Origin & History

perquisite
mid-15c., "property acquired other than by inheritance," from M.L. perquisitum "thing gained, profit," in L., "thing sought after," from neut. pp. of perquirere "to seek, ask for," from per- "thoroughly" + quærere "to seek" (see query). For L. vowel change, see
acquisition. General meaning "fee or profit on top of regular wages" first recorded 1560s.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
Of course the one of the perquisites of a reasoned critique is that you have
  read the paper you critiqued.
There is also no question that many sabbaticals are paid vacations that come
  around as perquisites of time in grade.
No, it is not a roster of hidden perquisites granted to retiring chief
  executives.
The sycophants around the colossus's feet speculate on his downfall while they
  look to their own perquisites.
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