According to Statista, the global coffee industry is worth US$363 billion in 2020. The market grows annually by 10.6%, and 78% of revenue came from out-of-home establishments like cafes and coffee beverage retailers.
AGIOTAGE
agio, agiotage, premium, exchange premium
(noun) a fee charged for exchanging currencies
Source: WordNet® 3.1
Etymology
Noun
agiotage (countable and uncountable, plural agiotages)
(dated, trading) Stock exchange business; especially, stockjobbing, manipulation of securities prices.
Source: Wiktionary
Ag"i*o*tage, n. Etym: [F. agiotage, fr. agioter to practice stockjobbing, fr. agio.]
Definition: Exchange business; also, stockjobbing; the maneuvers of speculators to raise or lower the price of stocks or public funds. Vanity and agiotage are to a Parisian the oxygen and hydrogen of life. Landor.
Source: Webster’s Unabridged Dictionary 1913 Edition
Recent Word Finds
Word of the Day
28 January 2025
TAD
(noun) a slight amount or degree of difference; “a tad too expensive”; “not a tad of difference”; “the new model is a shade better than the old one”
Coffee Trivia
