speculative

/ˈspɛkjələtɪv/
adjective
  1. Based on guessing or theory rather than facts or evidence.
    • Her speculative explanation for the noise turned out to be wrong.
    • Without more data, any conclusion we draw is purely speculative.
    • The article was full of speculative claims about the future of the economy.
  2. Involving a high risk of loss in the hope of making a large profit, especially in finance or business.
    • Speculative trading in oil futures can lead to sudden gains or losses.
    • He made a speculative investment in a startup that could either fail or become huge.
    • The real estate market became highly speculative, with prices rising far above actual value.
What does "speculative" mean? | whatsthatwordmean | whatsthatwordmean