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.
AUCTIONS
Noun
auctions
plural of auction
Verb
auctions
Third-person singular simple present indicative form of auction
Anagrams
• anctious, anticous, cautions
Source: Wiktionary
AUCTION
Auc"tion, n. Etym: [L. auctio an increasing, a public sale, where the price was called out, and the article to be sold was adjudged to the last increaser of the price, or the highest bidder, fr. L. augere, auctum, to increase. See Augment.]
1. A public sale of property to the highest bidder, esp. by a person licensed and authorized for the purpose; a vendue.
2. The things sold by auction or put up to auction. Ask you why Phryne the whole auction buys Pope.
Note: In the United States, the more prevalent expression has been "sales at auction," that is, by an increase of bids (Lat. auctione). This latter form is preferable. Dutch auction, the public offer of property at a price beyond its value, then gradually lowering the price, till some one accepts it as purchaser. P. Cyc.
Auc"tion, v. t.
Definition: To sell by auction.
Source: Webster’s Unabridged Dictionary 1913 Edition
Recent Word Finds
Word of the Day
10 March 2025
FABLED
(adjective) celebrated in fable or legend; “the fabled Paul Bunyan and his blue ox”; “legendary exploits of Jesse James”
Coffee Trivia
