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â¢ EMOLUMENT (noun) The noun EMOLUMENT has 1 sense: 1. compensation received by virtue of holding an office or having employment (usually in the form of wages or fees) Familiarity information: EMOLUMENT used as a noun is very rare.
The basic salary is specified in the offer letter and is payable in euros, as are all other allowances (family allowances, expatriation and installation). Emoluments (basic salary and allowances) are payable in arrears, with the exception of the installation allowance which is payable on taking up duty.he basic salary is specified in the offer letter and is payable in euros, as are all other allowances (family allowances, expatriation and installation). Emoluments (basic salary and allowances) are payable in arrears, with the exception of the installation allowance which is payable on taking up duty.