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spec

/ˈspΙ›k/
Visual illustration of spec: A component of a phrase that is non-recursive and not found as a sister of the head of the phrase, but rather as a daughter of the maximal projection of the phrase.
noun

A component of a phrase that is non-recursive and not found as a sister of the head of the phrase, but rather as a daughter of the maximal projection of the phrase.

Visual illustration of spec: The act or practice of buying land, goods, shares, etc., in expectation of selling at a higher price, or of selling with the expectation of repurchasing at a lower price; a trading on anticipated fluctuations in price, as distinguished from trading in which the profit expected is the difference between the retail and wholesale prices, or the difference of price in different markets.
noun

The act or practice of buying land, goods, shares, etc., in expectation of selling at a higher price, or of selling with the expectation of repurchasing at a lower price; a trading on anticipated fluctuations in price, as distinguished from trading in which the profit expected is the difference between the retail and wholesale prices, or the difference of price in different markets.