Answer:
Out of the options provided, the term that best describes involvement in risky business transactions for quick or large profits is:
Speculation
Here's why:
Day Trading: While day trading can be risky, it doesn't necessarily involve inherently risky transactions. Day traders buy and sell securities within the same day, aiming to profit from short-term price movements.
Derivative Trading: While derivatives can be used for speculation, they are also used for hedging and other financial strategies. So, it's not specific enough for the prompt.
Credit Default Swaps: These are financial instruments used to transfer credit risk, not necessarily for quick or large profits.
Speculation: This term specifically refers to taking on financial risks in the hope of achieving high returns, aligning perfectly with the description in the prompt.
Therefore, speculation is the most accurate term for involvement in risky business transactions for quick or large profits.
