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The word magnificence comes from the Latin “magnum facere”, which means to do something great. The Latin word draws on the Greek “megaloprépeia”. This noun conveys the meaning of doing something great which is fitting or seemly to the circumstance. Magnificence is a philosophical, aesthetic and socio-economic notion deeply rooted in Western culture since classical antiquity. It regards the greatness of actions, courage, excellence, honour, generosity, and splendour of lifestyles of noble purposes.