emolument UK /ɪˈmɒljʊmənt/US /əˈmɑljəmənt/ noun3 •Material benefit, either direct or indirect. •(formal) Payment for employment or an office; compensation for a job, which is usually monetary.The skipper Mr. Cooke had hired at Far Harbor [...] had only been prevailed upon to take charge of the yacht after the offer of an emolument equal to half a year's sea pay of an ensign in the navy. — 1897 •(formal, no longer used) Multure paid to a miller. formsemoluments