(n.) The profit arising from office, employment, or labor; gain; compensation; advantage; perquisites, fees, or salary.
Example Sentences:
(1) Although federal ethics laws do not directly apply to the presidency, Trump risks a constitutional violation under the emoluments clause.
(2) The legal watchdog Citizens for Responsibility and Ethics filed a federal lawsuit against Trump shortly after his inauguration accusing the president of breaching the emoluments clause of the constitution, which prohibits receiving payments or gifts from foreign governments.
(3) Emolument said Goldman paid its managing directors well – at the top layer of investment bankers – but it appeared less generous than competitors for traders on the next rung down.
(4) While it is true that some rules on conflict of interest for executive branch employees do not apply to the president, Trump will be bound by bribery laws, disclosure requirements and a section of the US constitution known as the “emoluments clause” that bans elected officials from taking gifts from foreign governments.
(5) For some, it’s all about the money: there is a strong correlation between these course admission statistics and those put out by salary benchmarking website Emolument , which used data from 55,000 individuals to work out which degrees help their graduates get rich quick.
(6) In Trump’s Washington, we don’t need all those checks and balances, ethics lawyers and emolument clauses.
(7) That decision, given the Trump Organisation’s reliance on foreign governments to grant valuable trademark licences and permits, may in fact contravene the United States constitution’s prohibition on presidents receiving gifts or any “emolument” from foreign governments.
(8) However, if businesses in which he had a stake benefit from payments from foreign governments or foreign state-owned companies, he would risk violating the “ emoluments clause ” of the constitution.
(9) Ben Cardin, the Democratic senator for Maryland, proposed a Senate resolution that Pres Trump obey the emoluments clause of the constitution, which forbids bribery (Trump had refused to put his holdings in a blind trust).
(10) Robert Benson, chief executive of Emolument, said banks from continental Europe, such as France’s Société Générale and Crédit Agricole, had the problem of matching pay from their less lucrative home market with high wage demands in London.
(11) It’s just a different thing.” While it is true that some rules on conflict of interest for executive branch employees do not apply to the president, Trump will be bound by bribery laws, disclosure requirements and a section of the US constitution known as the “emoluments clause” that bans elected officials from taking gifts from foreign governments.
(12) That provision found in Article I, Section 9, Clause 8 of the US constitution provides that “no person holding any office of profit or trust under them shall, without the consent of the Congress, accept of any present, emolument, office, or title, of any kind whatever, from any king, prince, or foreign state”.
(13) The organisation intends to bring a legal challenge accusing the president of violating the US constitution’s emoluments clause by accepting payments from foreign governments at his hotels and other properties.
(14) Richard Painter, a chief ethics counsel to President George W Bush, said Trump must sell his businesses or risk violating the “emoluments clause”.
(15) Trump is, however, subject to the constitution’s emoluments clause, an anti-bribery provision that forbids the president from accepting “any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State”.
(16) Other experts agree that the emoluments clause could impact Trump’s businesses.
(17) If Donald Trump’s business arrangements involve his receiving payments, directly or indirectly, from a foreign government or an entity it controls, that would violate the emoluments clause,” Clark said.
(18) But attention has fallen on the emoluments clause of the constitution, which bars public office holders from receiving payments from foreign government officials.
Monetary
Definition:
(a.) Of or pertaining to money, or consisting of money; pecuniary.
Example Sentences:
(1) The International Monetary Fund, which has long urged Nigeria to remove the subsidy, supports the move.
(2) He said: "Monetary policy affects the exchange rate – which in turn can offset or reinforce our exposure to rising import prices.
(3) An employee's career advancement, professional development, monetary remuneration and self-esteem often may depend upon the final outcome of the process.
(4) When you have champions of financial rectitude such as the International Monetary Fund and OECD warning of the international risk of an "explosion of social unrest" and arguing for a new fiscal stimulus if growth continues to falter, it's hardly surprising that tensions in the cabinet over next month's spending review are spilling over.
(5) As he sits in Athens wondering when the International Monetary Fund is going to deliver another bailout, George Papandreou might be tempted to hum a few lines of Tired of Waiting for You.
(6) Britain will be the best performing of the world's major economies this year with growth of 2.9%, according to the International Monetary Fund, as consumer spending rebounds, inflation remains low and unemployment continues to fall steadily.
(7) The euro’s weakness – and its move to near-parity with the dollar – has come after a period of low and even negative interest rates as well as a programme of monetary stimulus measures from the European Central Bank.
(8) Ahead of a meeting of eurozone finance ministers, International Monetary Fund officials and the European Central Bank on Greece on Monday, the official made plain that there was unlikely to be any quick agreement.
(9) As Carsten Brzeski , senior economist at ING , puts it: Data released since the April rate-setting meeting have provided further evidence that more monetary action could be needed in the euro zone...
(10) Which would be fine if the separate economies in question were sufficiently aligned to be treated as one bloc for the purposes of monetary policy; but surely the contrasting fortunes of the core and peripheral countries even before 2008 suggest that is not (yet) the case?
(11) "If required, we will act swiftly with further monetary policy easing.
(12) That could make it more difficult to gain a majority decision to change monetary policy in either direction," says Nick Bate, economist at Bank of America in London.
(13) As the eurozone experience proves, sustaining a monetary union requires banking, fiscal and full economic union.
(14) The evidence increasingly shows that monetary policy, broadly defined and effectively deployed, can work, but with two caveats.
(15) Completing monetary union means four things – a banking union, a fiscal union, an economic union, a democratically legitimised political union.
(16) A few emerging-market economies have similar wobbles to Iceland but get assistance from the International Monetary Fund.
(17) Bernanke's announcement came after the International Monetary Fund, which is holding its annual meetings in Washington, warned that the world financial system was "back in the danger zone".
(18) Greece’s debt is currently around 175% of its annual national income, most of it owed to official creditors such as the European Central Bank or the International Monetary Fund.
(19) The nine members of the Bank’s monetary policy committee appear divided over the likely path of pay growth and the implications for when they should raise interest rates from the current record low of 0.5%.
(20) Monetary policy committee (MPC) member Adam Posen had also indicated on Thursday he was ready to vote for more electronic cash to be pumped into markets if it became clear the UK economy was entering another recession.