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What does emolument mean?

Looking for the meaning or definition of the word emolument? Here's what it means.

Noun
  1. Payment for an office or employment; compensation for a job, which is usually monetary.
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Examples
This amount shall represent three time the amount of the minimum social salary for unqualified workers, disregarding all emolument or remuneration such as bonus, allowances, free gift or free accommodation.
Finally, don't buy into the myth that university is the golden ticket to that mysterious position of great emolument.
I note that Mr. Black has, in other endeavors, proved himself a Mocker after my own heart, but I can hardly begrudge him the greater emolument that issues from cavorting in the mildly naughty manner of an overgrown tot.
The money saved by sacking the till workers has no doubt done wonders for the share price and senior executives' emolument packages, but regular customers now buy their papers elsewhere.
When you rise in what you can't do, the emolument is dazzling.
The preceptorship, however honourable, was perhaps not worth much on the score of emolument.

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