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.
MULCT
fine, mulct, amercement
(noun) money extracted as a penalty
mulct
(verb) impose a fine on; “he was fined for littering”
victimize, swindle, rook, goldbrick, nobble, diddle, bunco, defraud, scam, mulct, hornswoggle, short-change, con
(verb) deprive of by deceit; “He swindled me out of my inheritance”; “She defrauded the customers who trusted her”;
Source: WordNet® 3.1
Etymology
Noun
mulct (plural mulcts)
(legal) A fine or penalty, especially a pecuniary one.
Verb
mulct (third-person singular simple present mulcts, present participle mulcting, simple past and past participle mulcted)
To impose such a fine or penalty.
To swindle (someone) out of money.
Source: Wiktionary
Mulct, n. Etym: [L. mulcta, multa.]
1. A fine or penalty, esp. a pecuniary punishment or penalty.
2. A blemish or defect. [Obs.]
Syn.
– Amercement; forfeit; forfeiture; penalty.
Mulct, v. t. [imp. & p. p. Mulcted; p. pr. & vb. n. Mulcting.] Etym: [L. mulctare, multare.]
1. To punish for an offense or misdemeanor by imposing a fine or forfeiture, esp. a pecuniary fine; to fine.
2. Hence, to deprive of; to withhold by way of punishment or discipline. [Obs.]
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
