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speculation

[spek-yuh-ley-shuh n] /ˌspɛk yəˈleɪ ʃən/
noun
1.
the contemplation or consideration of some subject:
to engage in speculation on humanity's ultimate destiny.
2.
a single instance or process of consideration.
3.
a conclusion or opinion reached by such contemplation:
These speculations are impossible to verify.
4.
conjectural consideration of a matter; conjecture or surmise:
a report based on speculation rather than facts.
5.
engagement in business transactions involving considerable risk but offering the chance of large gains, especially trading in commodities, stocks, etc., in the hope of profit from changes in the market price.
6.
a speculative commercial venture or undertaking.
Origin
1325-1375
1325-75; Middle English speculacioun < Late Latin speculātiōn- (stem of speculātiō) exploration, observation. See speculate, -ion
Related forms
antispeculation, noun, adjective
nonspeculation, noun
overspeculation, noun
prespeculation, noun
semispeculation, noun
Synonyms
3. supposition, view, theory, hypothesis.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for semispeculation

speculation

/ˌspɛkjʊˈleɪʃən/
noun
1.
the act or an instance of speculating
2.
a supposition, theory, or opinion arrived at through speculating
3.
investment involving high risk but also the possibility of high profits
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Word Origin and History for semispeculation

speculation

n.

late 14c., "contemplation, consideration," from Old French speculation, from Late Latin speculationem (nominative speculatio) "contemplation, observation," from Latin speculatus, past participle of speculari "observe," from specere "to look at, view" (see scope (n.1)). Disparaging sense of "mere conjecture" is recorded from 1570s. Meaning "buying and selling in search of profit from rise and fall of market value" is recorded from 1774; short form spec is attested from 1794.

Online Etymology Dictionary, © 2010 Douglas Harper
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