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speculationmore about speculation

speculation


  2  definitions  found 
 
  From  Webster's  Revised  Unabridged  Dictionary  (1913)  [web1913]: 
 
  Speculation  \Spec`u*la"tion\,  n.  [L.  speculatio  a  spying  out 
  observation:  cf  F.  sp['e]culation.] 
  1.  The  act  of  speculating.  Specifically: 
  a  Examination  by  the  eye;  view.  [Obs.] 
  b  Mental  view  of  anything  in  its  various  aspects  and 
  relations;  contemplation;  intellectual  examination. 
 
  Thenceforth  to  speculations  high  or  deep  I 
  turned  my  thoughts.  --Milton. 
  c  (Philos.)  The  act  or  process  of  reasoning  a  priori 
  from  premises  given  or  assumed. 
  d  (Com.)  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. 
 
  From  WordNet  r  1.6  [wn]: 
 
  speculation 
  n  1:  a  message  expressing  an  opinion  based  on  incomplete  evidence 
  [syn:  {guess},  {conjecture},  {supposition},  {surmise},  {hypothesis}] 
  2:  a  hypothesis  that  has  been  formed  by  speculating  or 
  conjecturing  (usually  with  little  hard  evidence); 
  "speculations  about  the  outcome  of  the  election";  "he 
  dismissed  it  as  mere  conjecture"  [syn:  {conjecture}] 
  3:  an  investment  that  is  very  risky  but  could  yield  great 
  profits;  "he  knew  the  stock  was  a  speculation  when  he 
  bought  it"  [syn:  {venture}] 




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