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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 ?
It is now being speculated that state finance minister Nitin Patel, who is also handling health, medical education, family welfare and transport and is also the government spokesperson, may now be elevated to the coveted position.
Seven MPs are speculated to be appointed, in addition to the current Cabinet of Ministers numbering 41, which will result the number of ministers going up to 48.
When Federal Reserve Chairman Alan Greenspan sent television commentators into a tizzy by sitting in the gallery next to Hillary Rodham Clinton during the President's address to a joint session of Congress, some speculated that his prime location was a reward for supporting Clinton's economic program.
There must have been quite a celebration at the American Forestry Association, and I wonder if they speculated about what these forests would be like a century hence, in 1991.
Authors and scholars have long speculated on the great man's "shivering, dying sensations, ringing in the ears" (to use Darwin's words), his heart palpitations, blurred vision, and hysterical crying fits.
However, he speculated that there would not be any significant impact on Ontario's business community.
One analyst has speculated that one such company might be the Dakota Brewing Co.
United is speculating to go ahead with the transfers as it would be a while before they sign a new manager for the club, at least three months, because the Dutch boss, who is speculated to be the likely candidate to fill in Moyes' shoes, will be available after the World Cup this summer.
Neither of the parties wished to comment.Country: Denmark, SwedenSector: Consumer Products, Business and Consumer Services, MediaTarget: Hilding Anders AB, Svensk Filmindustri AB (SF), Euro Cater A/SBuyer: Unnamed buyersVendor: Altor Equity Partners, Arle Capital Partners Ltd, Bonnier AB Deal size in USD: 1.3bn, 325.3m, 650.6mType: DivestmentStatus: Bidding, SpeculationComment: The USD325.3m deal size is speculated and refers to the maximum price for Svensk Filmindustri., The USD1.3bn deal size is speculated and refers to the minimum price for Hilding Anders.