speculative security

A security that, as an investment, involves a risk of loss greater than would usu. be involved; esp., a security whose value depends on proposed or promised future promotion or development, rather than on present tangible assets or conditions.
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译者Jeffrey,毕业于国内一流的高级翻译学院,擅长翻译各种与首次公开发行/其他股权或债务发行相关的法律文件。
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