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.
COEFFICIENT
coefficient
(noun) a constant number that serves as a measure of some property or characteristic
Source: WordNet® 3.1
Etymology
Adjective
coefficient (comparative more coefficient, superlative most coefficient)
cooperating
Noun
coefficient (plural coefficients)
(mathematics) A constant by which an algebraic term is multiplied.
A number, value or item that serves as a measure of some property or characteristic.
Hyponyms
• (a number, value or item that serves as a measure of some property or characteristic): coefficient of friction
Source: Wiktionary
Co`ef*fi"cient, a.
Definition: Coöperating; acting together to produce an effect. Co`ef*fi"cient*ly, adv.
Co`ef*fi"cient, n.
1. That which unites in action with something else to produce the same effect.
2. Etym: [Cf. F. coefficient.] (Math.)
Definition: A number or letter put before a letter or quantity, known or unknown, to show how many times the latter is to be taken; as, 6x; bx; here 6 and b are coefficients of x.
3. (Physics)
Definition: A number, commonly used in computation as a factor, expressing the amount of some change or effect under certain fixed conditions as to temperature, length, volume, etc.; as, the coefficient of expansion; the coefficient of friction. Arbitrary coefficient (Math.), a literal coefficient placed arbitrarily in an algebraic, expression, the value of the coefficient being afterwards determined by the conditions of the problem.
Source: Webster’s Unabridged Dictionary 1913 Edition
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1 May 2025
ECONOMIC
(adjective) of or relating to an economy, the system of production and management of material wealth; “economic growth”; “aspects of social, political, and economical life”
Coffee Trivia
