Longman Dictionary of Contemporary English homepage

Topic: STOCKS AND SHARES

Date: 1800-1900
Origin: FLOAT1

flotation

noun
     
flo‧ta‧tion [uncountable and countable]
1BFS a time when shares in a company are made available for people to buy for the first time:
The company has decided to postpone its flotation on the stock market.
2

flotation chamber/compartment etc

T a container filled with air or gas, fixed to something to make it float
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