speculative building - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “speculative building”

speculative building

noun [U]
 
 
PROPERTY
the activity of building houses without having any buyers waiting for them: All speculative building is on hold because of the weak economy.
speculative builder noun [C] ( also spec builder)
(Definition of speculative building from the Cambridge Business English Dictionary © Cambridge University Press)
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