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It is an anagram of 1 other word: peculations.
speculation is a valid word in Scrabble and Words With Friends. It has 11 letters and scores 15 points before any board bonuses (S 1 + P 3 + E 1 + C 3 + U 1 + L 1 + A 1 + T 1 + I 1 + O 1 + N 1).