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English definition of “speculative investment”

speculative investment

noun [C or U]     FINANCE, STOCK MARKET
an investment that carries a high level of risk of loss , or the activity of investing in these types of investment : The more people use housing as a form of speculative investment , the greater the risk of surges and collapses in value . He lost millions in a series of speculative investments .
(Definition of speculative investment noun from the Cambridge Business English Dictionary © Cambridge University Press)
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