Definition of flotation noun from the Oxford Advanced Learner's Dictionary

     

    flotation

     noun
    noun
    BrE BrE//fləʊˈteɪʃn//
     
    ; NAmE NAmE//floʊˈteɪʃn//
     
     
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  1. 1(also float) [countable, uncountable] (business) the process of selling shares in a company to the public for the first time in order to raise money plans for (a) flotation on the stock exchange a stock-market flotation
  2. 2[uncountable] the act of floating on or in water
  3. Word Origin early 19th cent.: alteration of floatation (from float) on the pattern of French flottaison. The spelling flot- was influenced by flotilla.
See the Oxford Advanced American Dictionary entry: flotation

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