A very thin beard, worn by young boys in the early stages of puberty. Their facial hair is not thick or coarse yet, but they still think they look cool wearing their beard, even though it is thin and whispy, and looks really stupid.
The word "speard" is a hybrid of "spic" and "beard." This term was given because the primary wearers of speards are fourteen year old hispanic males. However, a signifigant portion of speards can be seen on boys of any ethnicity, especially on those of Middle Eastern or Indian descent. It is less common among negroid and caucasian boys.
I finally realized i look stupid with this speard on my chin, so I shaved this morning.