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.
LEVERAGE
leverage, leveraging
(noun) investing with borrowed money as a way to amplify potential gains (at the risk of greater losses)
leverage
(noun) strategic advantage; power to act effectively; “relatively small groups can sometimes exert immense political leverage”
leverage, purchase
(noun) the mechanical advantage gained by being in a position to use a lever
leverage
(verb) provide with leverage; “We need to leverage this company”
leverage
(verb) supplement with leverage; “leverage the money that is already available”
Source: WordNet® 3.1
Etymology
Noun
leverage (usually uncountable, plural leverages)
A force compounded by means of a lever rotating around a pivot; see torque.
By extension, any influence which is compounded or used to gain an advantage.
(finance) The use of borrowed funds with a contractually determined return to increase the ability of a business to invest and earn an expected higher return, but usually at high risk.
(business) The ability to earn very high returns when operating at high capacity utilization of a facility.
Synonyms
• (force compounded by a lever): mechanical advantage
• (use of borrowed fund): financial leverage
• (ability to earn high returns from high capacity utilization): operating leverage
Verb
leverage (third-person singular simple present leverages, present participle leveraging, simple past and past participle leveraged)
(transitive, chiefly, US, slang, business) To use; to exploit; to manipulate in order to take full advantage (of something).
Synonyms
• (take full advantage of): exploit, use
Source: Wiktionary
Lev"er*age, n.
Definition: The action of a lever; mechanical advantage gained by the lever. Leverage of a couple (Mech.), the perpendicular distance between the lines of action of two forces which act in parallel and opposite directions.
– Leverage of a force, the perpendicular distance from the line in which a force acts upon a body to a point about which the body may be supposed to turn.
Source: Webster’s Unabridged Dictionary 1913 Edition
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PARSEC
(noun) a unit of astronomical length based on the distance from Earth at which stellar parallax is 1 second of arc; equivalent to 3.262 light years
Coffee Trivia
