Longman Dictionary of Contemporary English homepage

Topic: BUSINESS BASICS

speculation

 noun
     
spec‧u‧la‧tion [uncountable and countable]
1 when you guess about the possible causes or effects of something without knowing all the facts, or the guesses that you make
speculation that
There is speculation that the president is ill.
speculation about/on
speculation about the future
the witness's statement was pure speculation (=not based on any facts)
wild/idle speculation (=speculation that is unlikely to be true)
2BFBB when you try to make a large profit by buying goods, property, shares etc and then selling them:
property speculation
Definition of speculation from the Longman Dictionary of Contemporary English within
the topic BUSINESS BASICS
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