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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
The Administrative Part of the Budget had ended the year with a deficit of CHF 163,409, essentially owing to terminal emolument payments for staff retiring or resigning from the Organization.
When you rise in what you can't do, the emolument is dazzling.
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 Emperor was not only the fountain of all honor, but of all emolument and place.
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.
Finally, don't buy into the myth that university is the golden ticket to that mysterious position of great emolument.

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