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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 ?
The speculator owned 157,000 shares in the company, or 1 percent of its outstanding shares, as of the end of March 2005, according to OA System Plaza's financial statement.
One such data set, often cited by private sector analysts, is the net positions of speculators in the futures market.
For northerners who aren't speculators I have three different words: mining, supply and service.
PROPERTY speculators have been warned they risk losing a fortune if they try to cash in on Scotland's housing boom.
Thai Finance Minister Somkid Jatusripitak defended the arrangement with China as a necessary alternative source of funds that could be used to protect the baht from currency selling by speculators. This baloney again?
The Panic of 1792 was America's first market crash, and historians usually have blamed it on a speculator named William Duer and his confederates, Evidence freshly assembled, however, suggests a different culprit: the First Bank of the United States.
A speculator just needs a trade that will last until the market makes its next move--and that can be instantaneous.
And as officials at the Village of Speculator Wastewater Treatment Plant recently discovered, successfully implemented maintenance programs, together with the use of advanced coating materials, provide the weapons to battle back against corrosion.
Half of that came on just one day, when a speculator company snapped up all the petrol cargoes.
The maximum leverage provided by the stock exchange is 1:3, and this significantly reduces the ability of the speculator to receive substantial income with small capital.
The only surprise to me is the generosity of the property speculator, putting in 80 cycle spaces, when this council would probably roll over and let them tickle their tummy for just 20.