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English definition of “flotation”

flotation

noun [C or U] (BUSINESS) (UK also floatation)     /fləʊˈteɪ.ʃən/ US  /floʊ-/
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 .Financial investments and the stock marketStarting, succeeding and failing in business
(Definition of flotation noun (BUSINESS) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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