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.
PROPOSAL
proposal, proposition
(noun) the act of making a proposal; “they listened to her proposal”
proposal
(noun) something proposed (such as a plan or assumption)
Source: WordNet® 3.1
Etymology
Noun
proposal (plural proposals)
Something which is proposed, or offered for consideration or acceptance
A scheme or design
The terms or conditions proposed
The document on which such a thing is written.
(legal) The offer by a party of what he has in view as to an intended business transaction, which, with acceptance, constitutes a contract.
Synonyms
• proffer
• tender
• overture
Source: Wiktionary
Pro*pos"al, n. Etym: [From Propose.]
1. That which is proposed, or propounded for consideration or acceptance; a scheme or design; terms or conditions proposed; offer; as, to make proposals for a treaty of peace; to offer proposals for erecting a building; to make proposals of marriage. "To put forth proposals for a book." Macaulay.
2. (Law)
Definition: The offer by a party of what he has in view as to an intended business transaction, which, with acceptance, constitutes a contract.
Syn.
– Proffer; tender; overture. See Proposition.
Source: Webster’s Unabridged Dictionary 1913 Edition
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Coffee Trivia
