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Related to spec: Spek


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 ?
Specs require the same level of urgency--and some say, completion--as presold homes.
Bruker Daltonics and Kratos Analytical announced large scale orders recently (see IBO 9/15/0 and 2/15/01), Varian acquired Bear, a mass spec company, and Micromass introduced three new MS systems at this year's Pittcon.
BUSINESS: Consult, Prog Mgr/Agcy, Spec Print, Spec Publ SVCS: Cpns, Sweeps CHARGE: Per Project SPEC: Cons, B-to-B, Cat, Fund, Fin Svcs, Publ, Cont Progs INFO: Broc
BUSINESS: DM Print, Lttshp SVCS/PRODS: Print/Lttshp: Print (Offset, Laser), Address, Barcod/Sort, Burst/Fold, Insert, Label, Personal, In-Line Finish; Envlp: Multi-Clr, Poly, Recyc Paper DM SVCS: List/Pkg Insert Bkrg SML JOB: 25M; LRG JOB: 10MM; FACILS/STATES: 5-FL,MD,IL,NE,KS SPEC: Cons, B-to-B, Fund, Publ, Cont Progs INFO: Smpl
The state argues that Spec's already fought for and received relief from the enforcement action when the administrative law judges ruled in its favor.
Van Metre Homes, a Northern Virginia builder, has increased the number of spec houses it builds in response to the critical need for houses in Loudoun and Fairfax counties, said Brian Davidson, group president for the firm's new homes division in Stone Ridge, Virginia.
Such a diverse array of product offerings have distinguished Spec's from the competition.
Ice Cube also made potentially the richest deal of his career when he brought his spec script, "Janky Promoters" to Bob Weinstein at Dimension.
Says Pearson: "A traditional strut tower brace was initially considered for the Spec V.
Aluminum, 3/8 thick, 5052-1434 per spec 00-A-250/8.
This AASHTO shingle recycling spec is significant in that it provides for a national standard guideline for state and local highway departments to use when specifying materials engineering requirements.