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Securities that involve a high level of risk.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.


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


Of or relating to an asset or a group of assets with uncertain returns. The greater the degree of uncertainty the more speculative the asset.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Mr Garry added: "Whilst we plan to develop the site speculatively, we are confident that its prominent position will attract considerable pre-let interest from retail and leisure occupiers which will be incorporated into comprehensive development plans for the site."
One of the biggest beneficiaries of this has been Celtic Springs Business Park where AWG Dev- elopments/Broadhall have let large space which has encouraged them to further speculatively build.
The new building, which sits at the entrance to Estuary Commerce Park, was speculatively built by UK Land and Property through its subsidiary company Intercity JIS.
"Whilst many can see the demand for new space, there is unwillingness on the part of investors and developers to build speculatively in the current economic climate, further contributing to the lack of large stock.
A lot of these buildings are built speculatively and depend on tenants to generate returns.
Ian Steeleat CBRichardEllis said: ``It is great news for Speke and Merseyside as a whole that UrbanSplash has committed to speculatively building this next phase.
The site was brought speculatively by Hinton Properties and the design was negotiated with the planning authorities.
On the back of its success, Evans are to speculatively building a further six units.
Partner with the Cardiff office of Knight Frank, Matthew Phillips, explains why there is need for quality new office stock in the capital THERE IS now a chronic lack of Grade A office stock available in Cardiff, due to a surge in take up of existing office stock over the last six months and the fact developers have not been speculatively constructing new stock.
The speculatively built factories - ranging in size up to about 50,000 sq ft - will be developed in the Objective 1 area of Wales which covers counties including Anglesey, Gwynedd, Conwy and Denbighshire to complement and bring added value to projects under the EU-funded programme.
Altitude, a speculatively developed warehouse of 148,915 sq ft at J6 of the M6 is close to exchanging on a freehold deal with a local occupier.
The site will be completed when high-specification speculatively built units are constructed.