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.
AUCTIONEER
auctioneer
(noun) an agent who conducts an auction
auction, auction off, auctioneer
(verb) sell at an auction
Source: WordNet® 3.1
Etymology
Noun
auctioneer (plural auctioneers)
A person who conducts an auction on behalf of a vendor, taking bids to find the best price for the vendor.
Verb
auctioneer (third-person singular simple present auctioneers, present participle auctioneering, simple past and past participle auctioneered)
(transitive) To sell at an auction; to auction.
Source: Wiktionary
Auc`tion*eer", n.
Definition: A person who sells by auction; a person whose business it is to dispose of goods or lands by public sale to the highest or best bidder.
Auc`tion*eer", v. t.
Definition: To sell by auction; to auction. Estates . . . advertised and auctioneered away. Cowper.
Source: Webster’s Unabridged Dictionary 1913 Edition
Recent Word Finds
Word of the Day
24 May 2025
EARTHSHAKING
(adjective) sufficiently significant to affect the whole world; “earthshaking proposals”; “the contest was no world-shaking affair”; “the conversation...could hardly be called world-shattering”
Coffee Trivia
