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Securities that involve a high level of risk.


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.


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.
References in periodicals archive ?
requirements of proof and by matching speculativeness with skepticism,
One can make sense of this position by arguing that the Supreme Court tacitly assumed that allegations made by the plaintiff about his own condition were the clearest to single out as "safe" from accusations of speculativeness and conclusory nature.
40) Of course, this argument has a degree of speculativeness and crudeness, because it is unlikely that punitive damages can be calibrated with sufficient precision to make up for the shortfall in compensatory damages, and because compensatory awards might in fact be at the right level or even too high in the aggregate.
Each RHS [Gamma] in av(n) has an attribute "spec," the degree of speculativeness, which tells the maximum number of conditional branches through which this operation would have to be moved up from [Gamma]'s original location through n, in a manner that the operation is available at only one target of those branches.
PROBLEMS WITH THE SSNIP METHOD The speculativeness of the method has drawn doubt and debate.