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.
PREFERMENT
preferment
(noun) the act of preferring; “the preferment went to the younger candidate”
preferment
(noun) the act of making accusations; “preferment of charges”
Source: WordNet® 3.1
Etymology 1
Noun
preferment (countable and uncountable, plural preferments)
(now historical) Prior claim (on payment, or on purchasing something); the first rights to obtain a particular payment or product. [from 15th c.]
(obsolete) The fact of being pushed or advanced to a more favourable situation; furtherance, promotion (of a candidate, action, undertaking etc.). [15th–17th c.]
Advancement to a higher position or office; promotion. [from 15th c.]
A position (especially in the Church of England) that provides profit or prestige. [from 16th c.]
(now rare) The fact of preferring something; preference. [from 16th c.]
Etymology 2
Noun
preferment (plural preferments)
A mixture of flour, water and yeast that is allowed to ferment prior to another baking process
Source: Wiktionary
Pre*fer"ment, n.
1. The act of choosing, or the state of being chosen; preference. [R.] Natural preferment of the one . . . before the other. Sir T. Browne.
2. The act of preferring, or advancing in dignity or office; the state of being advanced; promotion. Neither royal blandishments nor promises of valuable preferment had been spared. Macaulay.
3. A position or office of honor or profit; as, the preferments of the church.
Source: Webster’s Unabridged Dictionary 1913 Edition
Recent Word Finds
Word of the Day
9 May 2025
RIGHT
(noun) anything in accord with principles of justice; “he feels he is in the right”; “the rightfulness of his claim”
Coffee Trivia
