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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 ?
We could also speculate he thinks he is qualified to be a marriage guidance counseller.
Speculate hassle free: Binary options allow traders to speculate on whether the underlying market price will increase or decrease in value without the need to buy or sell the underlying asset itself.
Summary: Joe Calzaghe has refused to speculate about rumours he is dating his Strictly Come Dancing partner.
But I'm not going to speculate about one particular company and their decisions that have not yet been made."
"I am not going to make any assumptions or speculate until I have been handed the facts.
OLYMPICS bosses last night said it was too early to speculate whether Pwllheli will be used as a sailing centre in preparation for the 2012 London Games.
Researchers now speculate that maternal smoking during or after pregnancy may result in gastrointestinal (GI) dysregulation and thus increase the risk of infant colic.
Cowley has invited 17 eminent historians to speculate on how history might have been changed if certain events or conditions had not occurred or had occurred differently.
Although Boshcoff says he cannot speculate on the exact number of jobs these various projects will create, he says he is confident they will provide more local job opportunities.
"I am aware there is no corroboration evidence such as film footage but I can't speculate what may happen.
The women speculate on the stone and who will move it for them so they can anoint the body.