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English definition of “flotation”

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flotation

noun uk ( UK also floatation)   /fləʊˈteɪ.ʃən/ us    /floʊ-/

flotation noun (BUSINESS)

[C or U] UK an occasion when a company's shares are sold to the public for the first time: The Glasgow-based company is to launch a stock market flotation this summer.

flotation noun (FLOAT)

[U] the action of floatingflotation chamber/compartment/tank a container filled with water in which people float in order to relax
(Definition of flotation from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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