Etymology
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employment (n.)

mid-15c., "the spending of money," from Middle English emploien (see employ) + -ment. From 1590s as "an errand or commission;" 1640s as "a person's regular occupation or business."

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Definitions of employment

employment (n.)
the state of being employed or having a job;
they are looking for employment
Synonyms: employ
employment (n.)
the occupation for which you are paid;
he is looking for employment
Synonyms: work
employment (n.)
the act of giving someone a job;
Synonyms: engagement
employment (n.)
the act of using;
From wordnet.princeton.edu