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Term of the Day: Emolument
Emolument n: a return arising from office or employment usually in the form of compensation or perquisites [the President shall, at stated times, receive for his services, a compensation…and he shall not receive within that period any other "U.S. Constitution art. II"]
Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.
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