speculative

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Speculative

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

Speculation

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

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 ?
requirements of proof and by matching speculativeness with skepticism,
There is a spectrum of speculativeness in complaints, but the speculation runs to defendant or third-party behavior only.
If compensatory awards are systematically low, and if calculation costs are high, the amount awarded for punitive damages may move the legal system closer to optimal deterrence.(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.
The traditional ground for exclusion of damages evidence is undue speculation and conjecture.(115) Because any "but for" inquiry entails some degree of conjecture,(116) judicial review for speculativeness is necessarily a matter of degree.