speculative risk

speculative risk definition - business

speculative risk

A risk for which it is not possible to determine if the result will be a loss or gain. Playing blackjack for money is an example of a speculative risk. Speculative risks are generally not insurable. Compare pure risk.

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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