Definition of “flotation” - English Dictionary

“flotation” in British English

See all translations

flotationnoun

UK also floatation uk /fləʊˈteɪ.ʃən/ us /floʊˈteɪ.ʃən/

flotation noun (FLOAT)

[ U ] the action of floating

flotation chamber/compartment/tank

a container filled with water in which people float in order to relax

(Definition of “flotation” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

“flotation” in Business English

See all translations

flotationnoun [ C or U ]

uk /fləʊˈteɪʃən/ us mainly UK also UK floatation STOCK MARKET

a situation in which a company offers shares for sale on a stock market for the first time:

Shares fell one point to 138p, their lowest level since flotation in May.
a planned/proposed/possible flotation Interest from institutional investors 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 private equity firms.
£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 stock market flotation, which is likely to value it at up to pounds 4.5 bn.
The French media giant 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)