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Who can be said to speculate in the financial sense?

speculate

American  
[spek-yuh-layt] / ˈspɛk jəˌleɪt /

verb (used without object)

  • speculates,
    present (3rd person singular)
  • speculated,
    past participle,  past
  • speculating
    present participle
  1. An image of the word speculate as defined by to engage in thought or reflection; meditate (often followed by on, upon, or a clause).

    to engage in thought or reflection; meditate (often followed by on, upon, or a clause).

    Synonyms:
    cogitate, reflect, think
  2. to indulge in conjectural thought.

    Synonyms:
    theorize, suppose, surmise, guess, conjecture
  3. to engage in any business transaction involving considerable risk or the chance of large gains, especially to buy and sell commodities, stocks, etc., in the expectation of a quick or very large profit.


speculate British  
/ ˈspɛkjʊˌleɪt /

verb

  1. (when tr, takes a clause as object) to conjecture without knowing the complete facts

  2. (intr) to buy or sell securities, property, etc, in the hope of deriving capital gains

  3. (intr) to risk loss for the possibility of considerable gain

  4. (intr) rugby to make an emergency forward kick of the ball without taking any particular aim

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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Etymology

Origin of speculate

First recorded in 1590–1600; from Latin speculātus “watched over,” past participle of speculārī “to watch over, explore, reconnoiter,” verb derivative of specula “watchtower,” noun derivative of specere “to look, regard, see”


Explanation

When you speculate, you use what you know to make a prediction about an outcome, like when you speculate that the injury of two key players will prevent your favorite team from going far in the playoffs this year. The verb speculate has a specialized meaning in the world of finance — it means to take a financial risk in the hopes of monetary gain. For example, a business owner may speculate that a brand-new kind of frozen yogurt will be really popular, so she buys a huge order of it for her ice cream store. Someone who speculates goes looking for the next big thing, as seen in the word's Latin origin, speculatus, meaning "to spy out, examine."

Keep Reading on Vocabulary.com

Vocabulary lists containing speculate

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

There is no doubt that many traders speculate on sports prediction markets, just as they speculate on sportsbooks.

From The Wall Street Journal ● Oct. 27, 2026

Nicklin also urged the press and public not to speculate about the man's identity.

From BBC ● Oct. 27, 2026

But using such ETFs as trading tools to speculate that stocks will climb can be extremely painful if they tumble instead.

From MarketWatch ● Oct. 23, 2026

The motive remains unknown and authorities have refused to speculate while the investigation takes place.

From Barron's ● Oct. 20, 2026

China then ceased to be innovative for reasons about which we shall speculate in the Epilogue.

From "Guns, Germs, and Steel: The Fates of Human Societies" by Jared M. Diamond

"Our current findings suggest that in stress-associated psychiatric disorders such as depression, the CRH system in OPCs may play a greater role than previously known," Deussing speculates.

From Science Daily ● Aug. 14, 2026

She speculates that its harsh reception may have to some degree gratified its author who, after all, “did mean to write a savage, cruel, and gloomy novel.”

From The Wall Street Journal ● May 22, 2026

News coverage speculates about a "new tone" from the president.

From BBC ● Apr. 27, 2026

A raid to seize the enriched uranium, in what Kavanagh speculates is an attempt to “embarrass” Iran into submission, the operation would face a slew of problems.

From Salon ● Apr. 3, 2026

Sleight speculates that Ruess inscribed this Nemo not long after departing Davis Gulch.

From "Into the Wild" by Jon Krakauer

“I’d hate to see NFTs…just be talked about as monkey photos that people speculated on that went bust.”

From The Wall Street Journal ● Oct. 26, 2026

McAfee and company speculated that the former president was Barack Obama, but Nantz did not reveal his identity.

From Los Angeles Times ● Oct. 20, 2026

If Holmes was indeed playing a character she made up, as many people speculated, she was a skilled method actor.

From Salon ● Oct. 17, 2026

Investors and banking industry executives have privately speculated the bank could be poised to acquire a smaller lender.

From Barron's ● Sep. 15, 2026

In Italy, Galileo had announced other worlds, and Giordano Bruno had speculated on other lifeforms.

From "Cosmos" by Carl Sagan

As the Autumn Budget looms, the papers are in full swing speculating what Chancellor John Healey will hand down on Wednesday.

From BBC ● Oct. 23, 2026

Wall Street had been speculating whether Meta would begin leasing out its data-center capacity as a way of monetizing its AI infrastructure in a highly profitable manner.

From MarketWatch ● Oct. 6, 2026

Viewers found this endearing, speculating that the robot was “bashful” or suffering from social anxiety.

From Slate ● Sep. 27, 2026

The results “looked quite believable,” he said, speculating that many of the images that have gone viral on social media may have been produced using older models.

From The Wall Street Journal ● Sep. 24, 2026

Lance and the anchorman got all revved up speculating how the sting must have netted a couple big local players—guys with enough power to keep the names locked down tight.

From "Anthem of a Reluctant Prophet" by Joanne Proulx

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