Word: cognito
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Dates: during 2000-2009
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...There's an obvious explanation why Hong Kong is suddenly terroir cognito in the wine world. The global recession has gutted the portfolios of wealthy Western investors who are cutting back on their lavish purchases, including spending on vintage wine. Not so for Chinese investors. China's economy has suffered less and bounced back faster from the financial crisis than the economies of the U.S and U.K. At the Sotheby's auction, a six-Liter bottle of 1982 Chateau Petrus Imperial - described as having a sweet leather taste and a pruney finish - was gaveled off to a mainland Chinese bidder...
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