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Finance and Credit
 

Dialectics of concepts "financial investment" and "speculation" in the financial market

Vol. 20, Iss. 23, JUNE 2014

Available online: 14 June 2014

Subject Heading: Financial market

JEL Classification: 

Pages: 2-11

Peniugalova A.V. Kuban State University, Krasnodar, Russian Federation
penugalova@mail.ru

Okun' S.A. Kuban State University, Krasnodar, Russian Federation
n121ha@rambler.ru

The article considers and analyzes the concepts "investments" and "speculation" in the economic literature. The authors offer the classification allowing to differentiate the financial operations on financial and investment and financial and speculative. The paper proposes the definition of investment and speculative financial transactions.

Keywords: financial and investment operation, financial and speculative operation, financial investor, financial speculator, financial asset, risk, profitability

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