flotation Meaning in the Cambridge English Dictionary

Meaning of “flotation” in the English Dictionary

"flotation" in British English

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(UK also floatation) uk   /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 stockmarket flotation this ​summer.

flotation noun (FLOAT)

[U] the ​action of ​floatingflotation chamber/compartment/tank a ​containerfilled with ​water in which ​peoplefloat in ​order to ​relax
(Definition of flotation from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"flotation" in Business English

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flotationnoun [C or U]

uk   us   /fləʊˈteɪʃən/ mainly UK (also UK floatation) STOCK MARKET
a ​situation in which a ​companyoffersshares for ​sale on a ​stockmarket for the first ​time: Shares ​fell one ​point to 138p, their ​lowestlevel since flotation in May.a planned/proposed/possible flotation Interest from ​institutionalinvestors in a possible flotation is ​rumoured to be ​strong. Several ​subsidiaries were ​sold during a ​public flotation in 2005.flotation of sth Finance ​experts have ​predicted a ​wave of flotations of ​privateequityfirms.£500 million/$2.4 billion, etc. flotation Plans will be announced for a $1.1 ​billion flotation later today. Publicly, the ​firm remains ​committed to a ​stockmarket flotation, which is likely to ​value it at up to ​pounds 4.5 bn. The French ​mediagiant is the latest in a ​series of ​companies to ​abandon flotation ​plans. Shares ​ended the week at 392p, compared with their 380p flotation ​price.
(Definition of flotation from the Cambridge Business English Dictionary © Cambridge University Press)
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