Crossword Genius

Risky business (4)

Ross

I believe the answer is:

spec

'risky business' is the definition.
(I've seen this in another clue)

This is all the clue.

(Other definitions for spec that I've seen before include "On - means without a plan but with hope of success" , "Requirement" , "Bet" , "On - means on the chance of achieving something" , "Gamble (colloq.)" .)

I've seen this clue in the Newsday.
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