Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “float”

See all translations

float

verb
 
 
/fləʊt/
[I or T] STOCK MARKET to offer new shares or bonds for sale on a financial market: The authority has recently floated a $170 million bond to pay for some of the installation costs.
[I or T] STOCK MARKET to sell shares on a stock market for the first time in order to finance a new company: There are several new businesses looking to float.float (sth) on the stock market/stock exchange etc. The group is planning to float on the New York Stock Exchange later this year.float at $3/200p/ etc. (a share) The stock was floated at 233p a share last July and closed up 3.75p last night at 286.25p. Last January the chief executive said he would only float the company if there was a "dramatic" revival in the market.
[I or T] ECONOMICS if a country floats its currency, or if the currency floats, the government no longer controls its value in relation to the value of other currencies: Central Bank is planning to stop letting the peso float freely.
[T] to make a suggestion, especially one for doing something that is different from what has been done in the past: float an idea/proposal/suggestion The partnership idea was floated at a Senate Foreign Relations Committee hearing last year.
[I] FINANCE if a price or amount floats, it changes: In the space of a few weeks, stock valuation floated up by 15%.
(Definition of float verb from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of float?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “float”

Definitions of “float” in other dictionaries

Word of the Day

luck

the force that causes things, especially good things, to happen to you by chance and not as a result of your own efforts or abilities

Word of the Day

A certain je ne sais quoi: French words and phrases used in English

by Liz Walter,
January 21, 2015
It is an odd irony that the more sophisticated your use of English is, the more likely you are to use French words and phrases. Or, to be more accurate, ones you know to be French – words such as ballet, au pair, abattoir, fiancé, café, and restaurant are so entrenched in

Read More 

micro pig noun

January 26, 2015
an extremely small pig, bred to be a pet Micro pigs have become popular pets recently, with famous owners including Victoria Beckham, Paris Hilton and Olympic diver, Tom Daley.

Read More