- The act of making a guess or prediction about something, often without having all necessary information
- Taking on significant business risk with the expectation of achieving a substantial return
- A business dealing or trade that involves this type of high-risk, high-reward scenario
- Speculation on the new company's future performance drove early investors to take a chance on it.
- The real estate market often involves speculation as investors buy properties with the hope that their value will increase significantly.
- In cryptocurrency trading, speculation plays a major role as the value of digital currencies can fluctuate drastically.