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What does speculative mean?

Looking for the meaning or definition of the word speculative? Here's what it means.

Adjective
  1. Characterized by speculation; based on guessing, unfounded opinions, or extrapolation.
  2. Pursued as a gamble, with possible large profits or losses; risky.
  3. Pertaining to financial speculation; Involving or resulting from high-risk investments or trade.
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Examples
Modem science, no matter how theoretical, speculative and abstract, strives finally for empirical evidence to test and confirm the truth of its claims.
They were too busy with the remunerative work of stationary engine building under their patent monopoly to trouble with speculative business.
If anything, his work is getting less interesting and adventurous, reworking old ideas for a speculative market.
Because most of the Aegean region is under water any regional correlations are necessarily speculative.
He produced an air shot when well placed and another player's speculative long range effort sailed wide.
Any synergy realisations were prospective and speculative. Even then, it valued the shares at between 247-266 pence per share.

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