Pronunciation: /ˈspɛkjʊlətɪv/
adjective
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1engaged in, expressing, or based on conjecture rather than knowledge: he gave her a speculative glance
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2(of an investment) involving a high risk of loss: the bonuses cannot be put at risk due to some speculative investment
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(of a business venture) undertaken on the chance of success, without a pre-existing contract: he was involved in speculative building
