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
16 June 2025
WINEBERRY
(noun) raspberry of China and Japan having pale pink flowers grown for ornament and for the small red acid fruits
Coffee Trivia
