Definitions for "Specific risk"
The uncertain outcome of an investment can be divided in specific and non-specific risks. Specific risk can entirely be eliminated through combination of anti-correlated assets and diversification; non-specific risk affects the entire market.
See: Unique risk
The risk associated with investing all in only one security. Diversification will protect an investor from this risk. Also known as non-systemic risk.
Speculative stock Stalking horse