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.
BUDGET
budget
(noun) a summary of intended expenditures along with proposals for how to meet them; “the president submitted the annual budget to Congress”
budget
(noun) a sum of money allocated for a particular purpose; “the laboratory runs on a budget of a million a year”
budget
(verb) make a budget
Source: WordNet® 3.1
Etymology
Noun
budget (plural budgets)
The amount of money or resources earmarked for a particular institution, activity or time-frame.
An itemized summary of intended expenditure; usually coupled with expected revenue.
(obsolete) A wallet, purse or bag.
(obsolete) A compact collection of things.
(obsolete, military) A socket in which the end of a cavalry carbine rests.
Adjective
budget (not comparable)
Of or relating to a budget.
Appropriate to a restricted budget.
Synonyms
• (appropriate to a restricted budget): low-cost
Verb
budget (third-person singular simple present budgets, present participle budgeting, simple past and past participle budgeted)
(intransitive) To construct or draw up a budget.
(transitive) To provide funds, allow for in a budget.
(transitive) To plan for the use of in a budget.
Source: Wiktionary
Budg"et, n. Etym: [OE. bogett, bouget, F. bougette bag, wallet, dim. of OF. boge, bouge, leather bag. See Budge, n., and cf. Bouget.]
1. A bag or sack with its contents; hence, a stock or store; an accumulation; as, a budget of inventions.
2. The annual financial statement which the British chancellor of the exchequer makes in the House of Commons. It comprehends a general view of the finances of the country, with the proposed plan of taxation for the ensuing year. The term is sometimes applied to a similar statement in other countries. To open the budget, to lay before a legislative body the financial estimates and plans of the executive government.
Source: Webster’s Unabridged Dictionary 1913 Edition
Recent Word Finds
Word of the Day
2 April 2025
COVERT
(adjective) secret or hidden; not openly practiced or engaged in or shown or avowed; “covert actions by the CIA”; “covert funding for the rebels”
Coffee Trivia
