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| | Speculation - definition of Speculation in Encyclopedia |
 | | Speculation is the buying, holding, and selling of stocks, commodities, currencies, collectibles, real estate, or any valuable thing to profit from fluctuations in its price as opposed to buying it for use or for income - dividends, rent etc. Speculation is one of three market roles in western financial markets, distinct from hedging and arbitrage. | | | However, ones speculator join the transaction, a component of the gain generated by the transaction will accrue to the speculator, despite not generating any value for the economy in return. | | | Another example of the value of speculators is the ability of a pig farmer to sell his pork on the futures market at a known price ahead of its production. |
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http://encyclopedia.laborlawtalk.com/Speculation
(612 words)
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| | CATHOLIC ENCYCLOPEDIA: Speculation |
| | More specifically, speculation is used to designate dealings in futures and options on the Exchanges, especially when the parties to the transaction do not intend any effective transference of commodities or securities, but only the payment of differences between making-up prices and those agreed on. | | | As the result of the speculation depends on the actual market price of the security or commodity in question at the time agreed upon, it cannot be said that speculative transactions are independent of effective buying and selling for transfer. | | | A speculator may purchase at a fixed rate the right to receive or to refuse a certain amount of a certain stock or commodity at a future date. |
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http://www.newadvent.org/cathen/14211a.htm
(1626 words)
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| | Business speculation - Columbia Encyclopedia article about Business speculation |
| | The smaller the margin, the greater the inducement to speculation. | | | speculation, practice of engaging in business in order to make quick profits from fluctuations in prices, as opposed to the practice of investing in a productive enterprise in order to share in its earnings. | | | The balance of the price is met by the broker, who, in effect, is supplying a client with a loan. |
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http://columbia.thefreedictionary.com/Business+speculation
(608 words)
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