What is the meaning of spec?

spec is an informal lender's term for real estate projects that are built in anticipation of finding tenants; the term "spec" is lender slang for speculative.

Barry Goldsmith
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APABarry Goldsmith. (2010). spec. Retrieved September 20, 2026, from http://smartdefine.org/spec/definitions/1163820
ChicagoBarry Goldsmith. 2010. "spec" http://smartdefine.org/spec/definitions/1163820 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, spec, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/spec/definitions/1163820>.
MLABarry Goldsmith. "spec" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/spec/definitions/1163820>
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