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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 ?
More precisely, a mosaic claim's speculativeness will
His work was full of speculativeness, of which the lyric sicklies.
It is, of course, Brophy's dazzling speculativeness that makes Prancing Novelist so exhilarating to read.