What's the difference between emolument and payment?

Emolument


Definition:

  • (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.

Payment


Definition:

  • (n.) The act of paying, or giving compensation; the discharge of a debt or an obligation.
  • (n.) That which is paid; the thing given in discharge of a debt, or an obligation, or in fulfillment of a promise; reward; recompense; requital; return.
  • (n.) Punishment; chastisement.

Example Sentences:

  • (1) However, some contactless transactions are processed offline so may not appear on a customer’s account until after the block has been applied.” It says payments that had been made offline on the day of cancellation may be applied to accounts and would be refunded when the customer identified them; payments made on days after the cancellation will not be taken from an account.
  • (2) At the heart of the payday loan profit bonanza is the "continuous payment authority" (CPA) agreement, which allows lenders to access customer bank accounts to retrieve funds.
  • (3) The way we are going to pay for that is by making the rules the same for people who go into care homes as for people who get care at their home, and by means-testing the winter fuel payment, which currently isn’t.” Hunt said the plan showed the Conservatives were capable of making difficult choices.
  • (4) Focusing on two prospective payment systems that operated concurrently in New Jersey, this study employs the hospital department as the unit of analysis and compares the effects of the all-payer DRG system with those of the SHARE program on hospitals.
  • (5) It ignores the reduction in the wider, non-NHS cost of adult mental illness such as benefit payments and forgone tax, calculated by the LSE report as £28bn a year.
  • (6) But the company's problems appear to be multiplying, with rumours that suppliers are demanding earlier payment than before, putting pressure on HTC's cash position.
  • (7) Finally, before the advent of the third-party payment, operations were avoided because of the financial burden.
  • (8) Initial analysis suggests that about one-fifth of gross costs would be directly returned to the public purse via income tax and national insurance payments.
  • (9) In 2013 it successfully applied for a Visa Innovation Grant , a fund for development and non-profit organisations seeking to adopt or expand the use of electronic payments to those living below the poverty line.
  • (10) Pensioners, like those in receipt of long-term social welfare payments or those who can prove they cannot provide their heating needs during winter, are entitled to a means-tested weekly winter fuel allowance of €20 (£ 14.54) per household.
  • (11) Most (86 percent) had educational debt (mean = $20,500), and more than half of those with debt were making loan payments.
  • (12) It would cost their own businesses hundreds of millions of pounds in transaction costs, it would blow a massive hole in their balance of payments, it would leave them having to pick up the entirety of UK debt.
  • (13) Tomorrow the courts are expected to sign off a $97.5m payment by the company to its shareholders, after investors took a class action lawsuit against the company.
  • (14) The payments were for services ranging from "project management" to "HR consultancy", according to the academy chain's company accounts.
  • (15) The four most common types of insurance that protect your income are income protection insurance, critical illness cover, life insurance, and payment protection insurance.
  • (16) In a 2011 interview with the Financial Times he said: “JPMorgan doesn’t have a chance in hell of not coming up with a big settlement.” He claimed: “There were people at the bank who knew what was going on.” The payment brings the total of fines imposed on JP Morgan to nearly $20bn in the past year.
  • (17) Gerson Zweifach, general counsel for both News Corp and 21st Century Fox , Murdoch’s film and TV business, said: “We are grateful that this matter has been concluded and acknowledge the fairness and professionalism of the Department of Justice throughout this investigation.” It is understood there has been no background settlement with the Department of Justice in order to avoid a full-blown investigation, contrary to speculation in New York over a year ago that the company was looking at a possible payment of over $850m.
  • (18) The payments are now more likely to made in shares issued monthly.
  • (19) Applications from Serbia, which account for 10% of the total, stem mostly from the dissolution of former Yugoslavia: payment of army reservists, access to savings in present-day Bosnia and Herzegovina, pensions in Kosovo.
  • (20) Without action today, the winter fuel payment would have decreased in value this coming winter.