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blue-sky

noun
1.
(modifier) of or denoting theoretical research without regard to any future application of its result: a blue-sky project
verb -skies, -skying, -skied
2.
to theorize (about something that may not lead to any practical application)
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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