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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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


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

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Besides these, we mainly use a number of SPECint benchmarks from the 1992 and 1995 suites.
SGI wonders why HP issued a 64-processor benchmark for Linpack, but only a 32-way test for SPECint - and no SPECfp results at all.
HP says it's tested 64-way configurations using the Linpack benchmark as running at over 55 gigaflops, and in a 32-way configuration it delivers over 7,249 SPECint rate 95.