Definition of floating adjective from the Oxford Advanced Learner's Dictionary

 

floating

 adjective
adjective
BrE BrE//ˈfləʊtɪŋ//
 
; NAmE NAmE//ˈfloʊtɪŋ//
 
[usually before noun]
 
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not fixed permanently in one particular position or place floating exchange rates a floating population (= one in which people frequently move from one place to another) (medical) a floating kidney
See the Oxford Advanced American Dictionary entry: floating