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Noun speculation has 4 senses
  1. guess, conjecture, supposition, surmise, surmisal, speculation, hypothesis - a message expressing an opinion based on incomplete evidence
    --1 is a kind of opinion, view
    --1 has particulars: divination
    Derived form: verb speculate2
  2. speculation, conjecture - a hypothesis that has been formed by speculating or conjecturing (usually with little hard evidence); "speculations about the outcome of the election"; "he dismissed it as mere conjecture"
    --2 is a kind of hypothesis, possibility, theory
    Derived form: verb speculate1
  3. speculation, venture - an investment that is very risky but could yield great profits; "he knew the stock was a speculation when he bought it"
    --3 is a kind of investment, investment funds
    --3 has particulars: gamble; smart money; pyramid
    Derived form: verb speculate4
  4. meditation, speculation - continuous and profound contemplation or musing on a subject or series of subjects of a deep or abstruse nature; "the habit of meditation is the basis for all real knowledge"
    --4 is a kind of contemplation, reflection, reflexion, rumination, musing, thoughtfulness
    Derived form: verb speculate3
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