Purchasing risky investments that present the possibility of large profits, but also pose a higher-than-average possibility of loss. A profitable strategy over the long term if undertaken by professionals who hedge their portfolios to control the amount of risk.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). speculation. Retrieved September 20, 2026, from http://smartdefine.org/speculation/definitions/1163888 |
| Chicago | Barry Goldsmith. 2010. "speculation" http://smartdefine.org/speculation/definitions/1163888 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, speculation, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/speculation/definitions/1163888>. |
| MLA | Barry Goldsmith. "speculation" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/speculation/definitions/1163888> |