Sinecure (noun)

A position or office that requires little or no work, but provides an income or other benefits.

Origin:

The word sinecure originated in the late 17th century, from the latin word "sine" meaning "without" and "cura" meaning "care". it refers to a position or office that requires little or no work, but provides an income or other benefits.

Examples:

1. He inherited the sinecure of a minor government office.
2. The sinecure of the bishopric was highly sought after by the wealthy and powerful.
3. The sinecure was a way for the government to reward its loyal supporters.
4. The sinecure was a way to provide for retired public officials.
5. He was appointed to a sinecure as a reward for his services.