emolument
Cross references: 1. wage emol.u.ment \i-'ma:l-y*-m*nt\ n [ME, fr. L emolumentum, lit., miller's fee, fr. emolere to grind up], fr. e- + molere to grind - more at MEAL 1: the profit arising from office or employment usu. in the form of compens ation or perquisites archaic 2: ADVANTAGE