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.
ESTIMATION
estimate, estimation
(noun) a judgment of the qualities of something or somebody; “many factors are involved in any estimate of human life”; “in my estimation the boy is innocent”
estimate, estimation, approximation, idea
(noun) an approximate calculation of quantity or degree or worth; “an estimate of what it would cost”; “a rough idea how long it would take”
estimate, estimation
(noun) the respect with which a person is held; “they had a high estimation of his ability”
appraisal, estimate, estimation
(noun) a document appraising the value of something (as for insurance or taxation)
Source: WordNet® 3.1
Etymology
Noun
estimation (countable and uncountable, plural estimations)
The process of making an estimate.
The amount, extent, position, size, or value reached in an estimate.
Esteem or favourable regard.
Source: Wiktionary
Es`ti*ma"tion, n. Etym: [L. aestimatio, fr. aestimare: cf. F. estimation. See Esteem, v. t.]
1. The act of estimating. Shak.
2. An opinion or judgment of the worth, extent, or quantity of anything, formed without using precise data; valuation; as, estimations of distance, magnitude, amount, or moral qualities. If he be poorer that thy estimation, then he shall present himself before the priest, and the priest, and the priest shall value him. Lev. xxvii. 8.
3. Favorable opinion; esteem; regard; honor. I shall have estimation among multitude, and honor with the elders. Wisdom viii. 10.
4. Supposition; conjecture. I speak not this in estimation, As what I think might be, but what I know. Shak.
Syn.
– Estimate; calculation; computation; appraisement; esteem; honor; regard. See Estimate, n.
Source: Webster’s Unabridged Dictionary 1913 Edition
Recent Word Finds
Word of the Day
20 January 2025
CHELICERA
(noun) either of the first pair of fang-like appendages near the mouth of an arachnid; often modified for grasping and piercing
Coffee Trivia
