What's the difference between emolument and wage?

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.

Wage


Definition:

  • (v. t.) To pledge; to hazard on the event of a contest; to stake; to bet, to lay; to wager; as, to wage a dollar.
  • (v. t.) To expose one's self to, as a risk; to incur, as a danger; to venture; to hazard.
  • (v. t.) To engage in, as a contest, as if by previous gage or pledge; to carry on, as a war.
  • (v. t.) To adventure, or lay out, for hire or reward; to hire out.
  • (v. t.) To put upon wages; to hire; to employ; to pay wages to.
  • (v. t.) To give security for the performance of.
  • (v. i.) To bind one's self; to engage.
  • (v. t.) That which is staked or ventured; that for which one incurs risk or danger; prize; gage.
  • (v. t.) That for which one labors; meed; reward; stipulated payment for service performed; hire; pay; compensation; -- at present generally used in the plural. See Wages.

Example Sentences:

  • (1) Wages for the population as a whole are £1,600 a year worse off than five years ago.
  • (2) The buses recently went up by 50p per journey, but my wages went up with national inflation which was pennies.
  • (3) The move would require some secondary legislation; higher fines for employers paying less than the minimum wage would require new primary legislation.
  • (4) Here's Dominic's full story: US unemployment rate drops to lowest level in six years as 288,000 jobs added Michael McKee (@mckonomy) BNP economists say jobless rate would have been 6.8% if not for drop in participation rate May 2, 2014 2.20pm BST ING's Rob Carnell is also struck by the "extraordinary weakness" of US wage growth .
  • (5) Although the unemployment rate is 4.8%, it can come down further without wage inflation starting to rise.
  • (6) "Due to much higher housing costs, one in seven of London's employees receives wages which are below the poverty threshold," says Mr Livingstone.
  • (7) But I hope 2015 will see the wage increases I expected to see this year.
  • (8) "While it seems possible that more will join the two MPC dissenters in coming months if wage growth picks up, it looks a long way to go before a majority on the MPC vote to raise interest rates," he said.
  • (9) Facebook Twitter Pinterest Columnist Jonathan Freedland and economics editor Larry Elliott discuss the late-night deal that the Greek prime minister Alexis Tsipras has agreed to When it comes to the now-abandoned Thessaloniki Programme, the radical manifesto on which Alexis Tsipras came to power, there is always talk of implementing it “from below”: that is, demanding so many workers’ rights inside the industries designated for privatisation that it becomes impossible; or implementing the minimum wage through wildcat strikes.
  • (10) In more than 30 years of elections, ruling parties have lost when real wages are falling and an opposition party only won once, in 1997, when real wages were rising.
  • (11) President Obama on Thursday proclaimed to be against endless wars, even as he announced that the US will continue to wage one.
  • (12) On his personal website, Miliband talks about the importance of the national minimum wage.
  • (13) For ambulance drivers, who earn significantly below the average UK wage, the figure is more than £1,800, the analysis found using the retail prices index (RPI) measure of inflation, which hit 2.5% in December .
  • (14) Bill Shorten has told the union royal commission he would “never be a party to issuing bogus invoices” as he rejected assertions that payments from employers to the Australia Workers’ Union created conflicts of interest during wage negotiations.
  • (15) Oregon’s governor on Wednesday signed trailblazing legislation that will raise the minimum wage to nearly $15 in six years, and do so through a three-tiered system that has not been tried anywhere else in the country.
  • (16) According to calculations by the Resolution Foundation, a couple with two children in which the husband works full-time and the wife works part-time on or just above minimum wage stand to lose a total of £720 a year by 2020.
  • (17) Around 70,000 people currently receive the minimum wage in Scotland.
  • (18) So we were proud in 1997 to put forward the case for Britain’s first minimum wage.
  • (19) Romanians making Polish wages go down.” Then he adds: “The Romanian, he not the worst.
  • (20) Port Vale are in deep financial trouble and their administrators will not let him pay half the player's wages.

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