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.
BROKERAGE
brokerage
(noun) the business of a broker; charges a fee to arrange a contract between two parties
brokerage, brokerage firm, securities firm
(noun) a stock broker’s business; charges a fee to act as intermediary between buyer and seller
Source: WordNet® 3.1
Etymology
Noun
brokerage (countable and uncountable, plural brokerages)
A business, firm, or company whose business is to act as a broker (e.g, stockbroker).
The commission paid to a broker.
Source: Wiktionary
Bro"ker*age, n.
1. The business or employment of a broker. Burke.
2. The fee, reward, or commission, given or changed for transacting business as a broker.
Source: Webster’s Unabridged Dictionary 1913 Edition
Recent Word Finds
Word of the Day
27 May 2025
DIRECTIONALITY
(noun) the property of being directional or maintaining a direction; “the directionality of written English is from left to right”
Coffee Trivia
