|English Dictionary: speculation||by the DICT Development Group|
|2 results for speculation|
|From WordNet (r) 3.0 (2006) [wn]:|
|From Webster's Revised Unabridged Dictionary (1913) [web1913]:|
Speculation \Spec`u*la"tion\, n. [L. speculatio a spying out,|
observation: cf. F. spculation.]
1. The act of speculating. Specifically:
(a) Examination by the eye; view. [Obs.]
(b) Mental view of anything in its various aspects and
relations; contemplation; intellectual examination.
Thenceforth to speculations high or deep I
turned my thoughts. --Milton.
(c) (Philos.) The act or process of reasoning a priori
from premises given or assumed.
(d) (Com.) The act or practice of buying land, goods,
shares, etc., in expectation of selling at a higher
price, or of selling with the expectation of
repurchasing at a lower price; a trading on
anticipated fluctuations in price, as distinguished
from trading in which the profit expected is the
difference between the retail and wholesale prices, or
the difference of price in different markets.