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.
COGNOVIT
Etymology
Noun
cognovit (plural cognovits)
(legal) An instrument in writing whereby a defendant in an action acknowledges a plaintiff's demand to be just.
Source: Wiktionary
Cog*no"vit, n. Etym: [L., he has acknowledged.] (Law)
Definition: An instrument in writting whereby a defendant in an action acknowledges a plaintiff's demand to be just. Mozley & W.
Source: Webster’s Unabridged Dictionary 1913 Edition
Recent Word Finds
Word of the Day
8 June 2025
EXECUTION
(noun) (law) the completion of a legal instrument (such as a contract or deed) by signing it (and perhaps sealing and delivering it) so that it becomes legally binding and enforceable
Coffee Trivia
