| 1. | to engage in thought or reflection; meditate (often fol. by on, upon, or a clause). |
| 2. | to indulge in conjectural thought. |
| 3. | to engage in any business transaction involving considerable risk or the chance of large gains, esp. to buy and sell commodities, stocks, etc., in the expectation of a quick or very large profit. |

spec·u·late (spěk'yə-lāt') v. spec·u·lat·ed, spec·u·lat·ing, spec·u·lates v. intr.
To assume to be true without conclusive evidence: speculated that high cholesterol was a contributing factor to the patient's health problems. [Latin speculārī, speculāt-, to observe, from specula, watchtower, from specere, to look at; see spek- in Indo-European roots.] |