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English definition of “flotation”

flotation

noun
 
 
/fləʊˈteɪʃən/
COMPANY [C, U] a sale of a company's shares to the public for the first timeFinancial investments and the stock market
LIQUID [U] the act of floating on or in liquidMovement on or through water
(Definition of flotation from the Cambridge Learners Dictionary © Cambridge University Press)
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