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SPECULATION, contracts. The hope or desire of making a profit by the purchase and resale of a thing. Pard. Dr. Com. n. 12. The profit so made; as, be made a good speculation.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
If a spec is languishing, offer a $500 bonus to the salesperson who sells it, advises Phil McCafferty, president of Delcor Homes in Milford, Mich.
Improvements in mass spec technology also drive the evolution of new systems.
Advertising sales for Alt Spec will close in February 2001, with distribution scheduled for the spring of 2001.
BUSINESS: Prog Mgr/Agcy SVCS: Video/Film Producer CHARGE: Per project SPEC: Cons, B-to-B, Fund, Fin Svcs, Publ INFO: Broc
Cushinsky, Pres./CEO BUSINESS: Lttshp SVCS/PRODS: Print/Lttshp: Print (Laser), Address, Barcod/Sort, Burst/Fold, Insert, Label, Personal DM SVCS: Data Process, Fulf, List Mgmt SML JOB: 5M pcs; LRG JOB: 5MM pcs; FACILS/STATES: 2-MA SPEC: Cons, B-to-B, Cat, Fund, Fin, Publ INFO: Broc
In seeking to have the lawsuit dismissed, state lawyers argued in court filings that the company can't sue because the agency is a governmental entity that enjoys "sovereign immunity" and court precedent won't allow Spec's to get around that.
Regina and Ted Solomon and their three children, ages 10, 13 and 15, recently moved into a spec house at Meadowbrook Farm in Leesburg, Virginia that was built by Van Metre Homes.
If you browse through the store shelves at Spec's, you'll notice a lot of labels from independent wineries, and you can also purchase specialty food items from small family farms.
Army Reserve Spec. Elisaul Cruz, son of Jose and Dirla Cruz of Fitchburg;
Roland Emmerich hit the post-strike market with "2012," a disaster epic spec script written with "10,000 BC" co-writer Harald Kloser, a bidding war ended with Sony Pictures committing to a $200 million film and a summer 2009 release date.
According to Tony Pearson, manager, Technologies and Motor Sports at Nissan North America, the high-output Spec V engine is a bit different than its less powerful sibling.
Aluminum, 1/8 thick, 5052-1434 per spec 00-A-250/8.