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Definition of speculate - form a theory or conjecture about a subject without firm evidence, invest in stocks, property, or other ventures in the hope of ga Definition of speculate - form a theory or conjecture about a subject without firm evidence, invest in stocks, property, or other ventures in the hope of ga dictionary thesaurus
Economic Definition of speculation. Offline Version: PDF. Term speculation Definition: Buying an asset with the intent of reselling it later at a higher price. The purpose of speculation is simply to buy low today and sell high tomorrow. Those who engage in speculation have no reason for buying the asset, other than resale at a later time.