ENGLISH
REFERENCE

speculation

n. C / U
B2 Upper Intermediate Oxford US //ˌspɛkjəˈɫeɪʃən// UK //spˌɛkjʊlˈeɪʃən// spec·u·la·tion Archaic General-service

n. the act of forming a theory or opinion without having all the facts. It can also mean buying something risky, like stocks or land, hoping to sell it later for a profit.

n. the formation of a theory or conjecture without firm evidence; also refers to investment in assets with high risk in expectation of significant gain. Often used in financial contexts to describe market activity driven by price fluctuations rather than intrinsic value.


SIMPLE

There is a lot of speculation about who will win the election.

CONTEXTUAL

The sudden rise in local property prices was driven more by financial speculation than by actual housing demand.

COMPLEX

While the report contains some grounded analysis, the final chapter descends into mere speculation regarding the long-term social consequences of the policy shift.

Synonyms
Origin

Etymology tree Middle English speculation English speculation From Middle English speculacioun, speculation, from Old French speculation (compare French spéculation), from Late Latin speculātiō, speculātiōnem, from Latin speculor. Morphologically speculate + -ion.

Usage

Uncountable when referring to the general activity of guessing; countable when referring to a specific theory or financial venture.

Pitfall

speculation about of the futurespeculation about the futureSpeculation is followed by 'about', 'on', or 'as to'; learners sometimes incorrectly add 'of' after 'about'.

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