Meaning of “free-floating” in the English Dictionary

business-english dictionary

(Definition of “free-floating” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"free-floating" in Business English

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free-floatingadjective

uk us FINANCE

used to describe a currency's exchange rate that is not fixed in relation to another:

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(Definition of “free-floating” from the Cambridge Business English Dictionary © Cambridge University Press)