sinecure
noun
an office or position requiring little or no work, especially one yielding profitable returns.
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
He did his best to reform the State Church, which he found sunk in torpor, sinecurism, and simony, while its edifices were ruins and piggeries.
From Irish History and the Irish Question by Goldwin Smith