Speculative Risk
Definition of "Speculative risk"
Uncertain prospect of financial gain or loss. A business investment that could either return a profit or sustain a loss, such as the purchase of a common stock, is an example of a speculative risk. In most instances, speculative risks are not insurable.
Popular Insurance Terms
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Commission that is paid based on how profitable a particular type of business proves to be that is written by an agent. ...
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Theft of another's property by a person entrusted with that property. Coverage can be found under various bonding arrangements. ...
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