speculation

Speculation is the act of formulating an opinion or theory without fully researching or investigating.

(noun)

An example of speculation is the musings and gossip about why a person got fired when there is no evidence as to the truth.

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See speculation in Webster's New World College Dictionary

noun

    1. the act of speculating, or meditating
    2. a thought or conjecture
    1. the act of speculating in stocks, land, etc.
    2. a speculative business venture

See speculation in American Heritage Dictionary 4

noun
  1. a. Contemplation or consideration of a subject; meditation.
    b. A conclusion, opinion, or theory reached by conjecture.
    c. Reasoning based on inconclusive evidence; conjecture or supposition.
  2. a. Engagement in risky business transactions on the chance of quick or considerable profit.
    b. A commercial or financial transaction involving speculation.

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