Brazil is the largest coffee producer in the world. Each year Brazil exports more than 44 million bags of coffee. Vietnam follows at exporting over 27 million bags each year.
PREMIA
Noun
premia
plural of premium
Anagrams
• empair, rampie
Source: Wiktionary
PREMIUM
Pre"mi*um, n.; pl. Premiums. Etym: [L. praemium, originally, what one has got before or better than others; prae before + emere to take, buy. See Redeem.]
1. A reward or recompense; a prize to be won by being before another, or others, in a competition; reward or prize to be adjudged; a bounty; as, a premium for good behavior or scholarship, for discoveries, etc. To think it not the necessity, but the premium and privilege of life, to eat and sleep without any regard to glory. Burke. The law that obliges parishes to support the poor offers a premium for the encouragement of idleness. Franklin.
2. Something offered or given for the loan of money; bonus; -- sometimes synonymous with interest, but generally signifying a sum in addition to the capital. People were tempted to lend, by great premiums and large interest. Swift.
3. A sum of money paid to underwriters for insurance, or for undertaking to indemnify for losses of any kind.
4. A sum in advance of, or in addition to, the nominal or par value of anything; as, gold was at a premium; he sold his stock at a premium.
Source: Webster’s Unabridged Dictionary 1913 Edition
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Word of the Day
15 April 2025
DOOMED
(adjective) marked by or promising bad fortune; “their business venture was doomed from the start”; “an ill-fated business venture”; “an ill-starred romance”; “the unlucky prisoner was again put in irons”- W.H.Prescott
Coffee Trivia
