SPEECH

A formal discourse in public. 2. The liberty of speech is guarantied to members of the legislature, to counsel in court in debate. 3. The reduction of a speech to writing and its publication is a libel, if the matter contained in it is libelous; and the repetition of it upon occasions not warranted by law, when the matter is slanderous, will be slander and the character of the … [Read more...] about SPEECH

Lat. Mirror or looking-glass. The title of several of the most ancient law books or compilations. One of the ancient Icelandic books is styled "Speculum Regale." … [Read more...] about SPECULUM

When the damages claimed by a plaintiff are contingent upon an event or occurrence in the future that are not certain. For example, in a personal injury case a plaintiff may claim (without the testimony of a doctor) that it is possible that the broken bone that has healed may become arthritic and become painful. Such damages should not be awarded. See DAMAGES. … [Read more...] about SPECULATIVE DAMAGES

In commerce. The act or practice of buying lands, goods, etc.. in expectation of a rise of price and of selling them at an advance, as distinguished from a regular trade, in which the profit expected is the difference between the retail and wholesale prices, or the difference of price in the place where the goods are purchased, and the place where they are to be carried for … [Read more...] about SPECULATION

1. To make a guess about what may occur or how much something may be worth. 2. To buy or sell high risk securities. … [Read more...] about SPECULATE