SPECULATION
Speculation
Speculation is the practice of engaging in risky financial transactions in an attempt to profit from short or medium term fluctuations in the market value of a tradable good such as a financial instrument, rather than attempting to profit from the underlying financial attributes embodied in the instrument such as capital gains, interest, or dividends. Many speculators pay little attention to the fundamental value of a security and instead focus purely on price movements. Speculation can in principle involve any tradable good or financial instrument. Speculators are particularly common in the markets for stocks, bonds, commodity futures, currencies, fine art, ...The above text is a snippet from Wikipedia: Speculation
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speculation
Noun
- The process of thinking or meditating on a subject.
- The act or process of reasoning a priori from premises given or assumed.
- A conclusion to which the mind comes by speculating; mere theory; notion; conjecture.
- An investment involving higher-than-normal risk in order to obtain a higher-than-normal return.
- The act or practice of buying land, goods, shares, etc., in expectation of selling at a higher price, or of selling with the expectation of repurchasing at a lower price; a trading on anticipated fluctuations in price, as distinguished from trading in which the profit expected is the difference between the retail and wholesale prices, or the difference of price in different markets.
- Examination by the eye; view.
- Power of sight.
- A card game in which the players buy from one another trumps or whole hands, upon a chance of getting the highest trump dealt, which entitles the holder to the pool of stakes.
The above text is a snippet from Wiktionary: speculation
and as such is available under the Creative Commons Attribution/Share-Alike License.