speculation

speculation definition - business

speculation

The taking of above-average risks to achieve above-average returns, generally over a relatively short period. Speculation involves buying something on the basis of its potential selling price rather than on the basis of its actual value.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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