The Emolument Clause:

No Title of Nobility shall be granted by the United States: And 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.

The part about receiving a title from a King, Prince... is clear enough; the question is about the receiving a "present".

Is a "present" a "thing of value" not paid for at fair value?

Is a thing of value a well defined legal concept when dealing with immaterial goods and ideas?

What is fair value? Can immaterial goods ever have a defined, measurable fair value?

Is an honor a "gift"? Can a US President receive the honor (not money) of a Nobel prize?

  • 4
    Regarding your last example, the Nobel prize was awarded to Obama (who passed the money to charity). And the Nobel prize is linked to the Alfred Nobel Foundation, even if the selection is made by the Norwegian Nobel Comittee that is appoint by the Norwegian Parliament, so it would not count as coming from a foreign King, Prince or State.
    – SJuan76
    Oct 26 '19 at 19:01
  • Discussion pre-edit and reopen has been moved to chat.
    – feetwet
    Oct 27 '19 at 5:23

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