speculate
verb | \ ˈspe-kyə-ˌlāt \ | spec·u·late
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: to theorize on the basis of insufficient evidence
Note: A jury is not permitted to speculate on a matter about which insufficient evidence has been presented in reaching its verdict.
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: to assume a business risk in hope of gain; especially : to buy or sell in expectation of profiting from market fluctuations : to buy or sell in expectation of profiting from market fluctuations
: to take to be true on the basis of insufficient evidence