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On Spec

 
Marketing Dictionary: on speculation (on spec)

Describes work, such as advertising that is done for a client without a contract or job order, for which the client will pay only if the work is to be used. When a job is done on speculation, the person doing the work takes the risk in the hope of making a profit, gaining a valuable credit, or for some other reason. In the advertising business, creative talent will often work on spec in order to establish a name in the industry.

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Business Dictionary: On Speculation (on Spec)
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Describes work, such as advertising, that is done for a client without a contract or job order, for which the client will pay only if the work is to be used.

Idioms: on spec
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Done on a speculative basis; with no assurance of profit. For example, We didn't design our house; the builder built it on spec. The use of spec as an abbreviation for speculation dates from the late 1700s.


Wikipedia: On Spec
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OnSpec Magazine winter 2006.jpg

On Spec is a digest-sized, perfect-bound, Canadian quarterly magazine publishing stories and poetry in science fiction, fantasy, and allied genres broadly grouped under the "speculative ficton" umbrella. Based in Edmonton, Alberta, On Spec was founded in 1989 by a small group of Edmonton writers who joined together to form The Copper Pig Writers Society. At the time, there was no paying market for English speculative fiction in Canada (though paying markets in French did exist.) On Spec is Canada's longest-running, and according to author Robert J. Sawyer, arguably most successful English-language magazine in the field[1].

Much more like a traditional small literary magazine than the mass-market-styled American science fiction digests like Analog and Asimov's, On Spec was founded to address the "frustration" English-speaking Canadian SF writers faced having to "Americanize" their stories for the existing US markets.[2]

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Marketing Dictionary. Dictionary of Marketing Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more
Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more
Idioms. The American Heritage® Dictionary of Idioms by Christine Ammer. Copyright © 1997 by The Christine Ammer 1992 Trust. Published by Houghton Mifflin Company. All rights reserved.  Read more
Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "On Spec" Read more