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Speculation

An investment with an exceptionally high risk. Speculators may invest in a start-up company or in a volatile commodity. These risks carry the possibility of very high returns. Speculators often trade actively and many have hedging strategies to reduce their risks. See also: Hedge fund.

spec

Speculative; built without a purchaser or a tenant, but in anticipation of securing one when the project is completed.

References in periodicals archive ?
As GPC officials promised, the advanced technology to dry grain is making a demonstrable difference in emissions.
GPC Biotech AG is a biopharmaceutical company discovering and developing new anticancer drugs.
On 3 September 1992, the GPC adopted a general privatization law covering private sector involvement in the economy.
With this ambitious expansion plan, GPC is also targeting the international market.
Southern GPC members opposed the move, releasing an official statement to that effect on Nov.
The GPC called on the entire political powers to join in efficiently in the imminent election to enhance the democratic process in the country.
The GPC approved the establishment of diplomatic relations between Libya and the Republic of El Salvador and decreed that the Libyan ambassador in Nicaragua to be non-resident ambassador to this Latin American country.
In the efforts of GPC to provide facilities to state the projects especially the industrial ones as response to the recommendations of the national conference around foreign investment, GPC issued decision No.
Based on the recent results announced, GPC Biotech is re- evaluating its development plans for satraplatin, including SPERA, the Satraplatin Expanded Rapid Access protocol in the U.
GPC Biotech AG (Martinsried/Munich, Germany) announced it has licensed intellectual property to further expand the patent estate for its Reverse Genomics technology platform.
GPC can also be used to separate molecules based on weight and determine molecular weight.