Meaning of the word emolument in English

What does emolument mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

emolument

US /ɪˈmɑːl.jə.mənt/
UK /ɪˈmɒl.jə.mənt/

Noun

a salary, fee, or profit from employment or office

Example:
The mayor's annual emolument includes a generous salary and benefits.
He received a substantial emolument for his consulting services.