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.
MAGNETITE
magnetite, magnetic iron-ore
(noun) an oxide of iron that is strongly attracted by magnets
Source: WordNet® 3.1
Etymology
Noun
magnetite (plural magnetites)
(mineral) A magnetic mineral, Fe3O4, one of the primary ores of iron. It has also been called lodestone.
Source: Wiktionary
Mag"net*ite, n. (Min.)
Definition: An oxide of iron (Fe3O4) occurring in isometric crystals, also massive, of a black color and metallic luster. It is readily attracted by a magnet and sometimes possesses polarity, being then called loadstone. It is an important iron ore. Called also magnetic iron.
Source: Webster’s Unabridged Dictionary 1913 Edition
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29 June 2024
INITIALISM
(noun) an abbreviation formed from the initial letters of the several words in the name and pronounced separately; “HTML is an initialism for HyperText Markup Language”
Coffee Trivia
