spec·u·la·tive /'spe-kyə-lə-tiv, -ˌlā-/ adj
1: involving, based on, or constituting intellectual speculation; also: theoretical rather than demonstrable
speculative medical testimony concerning the cause of death
2: of, relating to, or being a financial speculation
speculative securities
speculative home building
spec·u·la·tive·ly adv
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.