Noun
emulsion paint (countable and uncountable, plural emulsion paints)
Any paint consisting of an emulsion of oil etc in water.
Calcium carbonate is widely used as an extender in paints, citation in particular matte emulsion paint where typically 30% by weight of the paint is either chalk or marble. Source: Internet
The general term of latex paint is usually used in the USA, while the term emulsion paint is used for the same products in the UK and the term latex paint is not used at all. Source: Internet