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A speculator is someone who buys or invests in a property, commodity, or financial instrument, gambling that the value of his investment will rapidly increase over a short period of time. The person is usually not interested in retaining the property or investment, merely trying to profit by selling it for more than he paid for it. There is no guarantee of gain, or that his initial cost will actually be recouped.

The term "speculation" is often applied to investments that promise a high return but also have a higher risk of loss. Speculators may borrow money for such risky endeavors and then default on their loans if the investment fails.

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What are five jobs Daniel Boone had?

Daniel Boone had many jobs as a pioneer on the east coast. They ranged from surveyor to tavern keeper. He was a bold land speculator and a frequent horse trader. His last official position was that of 'syndic', judge and jury in a small rural outpost.


What did Stephen f Austin do that is so important?

He was a land speculator who attracted a large number of Americans to Texas when it was a province of Mexico, and, when enough American colonists bought his land deal, led a movement to secede from Mexico.


Why Hamilton favor speculator?

Alexander Hamilton favored speculators because he believed that a strong financial system was essential for the new nation's stability and growth. By supporting speculators, he aimed to encourage investment in government bonds, which would help establish the creditworthiness of the United States. This approach not only aimed to pay off the national debt but also fostered a sense of ownership and commitment to the nation's financial future among wealthy investors. Ultimately, Hamilton saw this as a way to unify the country and promote economic development.


What did William Marbury argue in the Marbury v. Madison case?

Marbury argued his appointment was valid because the President had nominated him, and the Senate had confirmed his position as justice of the peace. According to Marbury's attorney, Charles Lee, the Supreme Court was authorized to issue a writ of mandamus compelling Madison to deliver the document Marbury needed to take office, pursuant to Section 13 of the Judiciary Act of 1789, which conferred on the Court the ability to issue extraordinary writs to members of the US government.ExplanationWilliam Marbury brought suit to secure his appointment as a Justice of the Peace in Washington D.C. The appointment was one of the last minute "Midnight Judges" appointments signed in the waning hours of the John Adams administration pursuant to the Organic Act of 1801 (not to be confused with the Judiciary Act of 1801, which reorganized the federal courts and added sixteen new circuit judges).Specifically Marbury wanted the Supreme Court to issue a "Writ of Mandamus" (a judicial order compelling a government official to carry out the duties of his office) to Jefferson's Secretary of State James Madison. He wanted Madison to deliver his appointment so he could take office.Marbury argued his appointment was valid because the President had nominated him, and the Senate had confirmed his position as justice of the peace. According to Marbury's attorney, Charles Lee, the Supreme Court was authorized to issue a writ of mandamus compelling Madison to deliver the document, pursuant to Section 13 of the Judiciary Act of 1789, which conferred on the Court the ability to issue extraordinary writs to members of the US government.Chief Justice John Marshall (Jefferson's second cousin) ruled that while Marbury's appointment was legal, Marshall believed the Supreme Court lacked original jurisdiction over the case, preventing them from ordering the executive branch to do anything. Marshall told Marbury he would first have to pursue the case in a lower court, then appeal to the US Supreme Court if his grievances weren't addressed.Marshall also ruled that Section 13 of the Judiciary Act of 1789, passed under George Washington, was unconstitutional. By declaring an Act of Congress unconstitutional, Chief Justice Marshall affirmed the court's right of "judical review." Marbury did not get his job.Marbury v. Madison, 5 US 137 (1803)For more information on Marbury v. Madison, see Related Links, below.


How did the united states gain possession of the state Missouri?

It was admitted to the Union as a slave-state as part of the Missouri Compromise of 1820. Missouri's Southern border was then adopted as the reference-point for all new states. North of this line, slavery would be illegal.In 1818, Missouri requested admittance to the Union as a slave state. This became a national controversy, but under the Missouri Compromise, both Maine and Missouri became states. Missouri became the 24th US state on August 10, 1821.

Related Questions

What is a property speculator?

A speculator of property


When did Speculator Mine disaster happen?

Speculator Mine disaster happened in 1917.


What is a town speculator?

a town speculator is a person who risks money to make a larger profit


Who is bear speculator?

A bear speculator is a speculator who is wary of fall in prices and hence sells securities so that he may buy them at cheap price in future. If the prices move down as per the expectations of the bear he will earn profits out of these transactions.


What is a person who invest in a risky venture hoping to make a large profit?

Investors Maybe speculator. Investors don't necessarily take large risks


What type of degree do you need to become a speculator?

Economics


Can a speculator be investor?

yes. speculators are a type of investor.


What kind of profession is speculator?

A speculator is a person who pays attention to market trends and then takes note of particular variables within an economy that may affect the value of a particular item.


What do you call someone who takes a financial risk?

A Financial Speculator.


What does speculator mean in Julius Caesar?

This word does not appear in the play.


What is an antonym for land speculator?

An antonym for "land speculator" could be "land conservationist." While a land speculator typically seeks to profit from buying and selling land for development or investment, a land conservationist focuses on preserving natural spaces and promoting sustainable land use. This reflects opposing motivations regarding land management and ownership.


Who is a person that buys things hoping the price will rise and that he or she profit?

A speculator