LanGeekLanGeek Dictionary

on spec

British pronunciation/ˌɒn spˈɛk/
American pronunciation/ˌɑːn spˈɛk/
on spec
[PHRASE]
1

without any specific plans or assurance of success

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Examples
1Yeah it's on spec.
2Øvredal told Comingsoon.net: "This script was written on spec by James Vanderbilt when he did not even have the rights to it, he just wrote it out of pure love for the book and in the end, suddenly the rights were open and he was able to go to King with his script and say, 'Can we do this?'"
3Also I was, do a lot of what I call work on spec.
4It's like building a house on spec.
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