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.
TAXABLE
taxable, nonexempt
(adjective) (of goods or funds) subject to taxation; “taxable income”; “nonexempt property”
Source: WordNet® 3.1
Etymology
Adjective
taxable (not comparable)
subject to taxation.
Noun
taxable (plural taxables)
Something on which tax must be paid.
Source: Wiktionary
Tax"a*ble, a.
1. Capable of being taxed; liable by law to the assessment of taxes; as, taxable estate; taxable commodities.
2. (Law)
Definition: That may be legally charged by a court against the plaintiff of defendant in a suit; as, taxable costs.
– Tax"a*ble*ness, n.
– Tax"a*bly, adv.
Source: Webster’s Unabridged Dictionary 1913 Edition
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Word of the Day
21 April 2025
ENCYCLOPEDIA
(noun) a reference work (often in several volumes) containing articles on various topics (often arranged in alphabetical order) dealing with the entire range of human knowledge or with some particular specialty
Coffee Trivia
