Definition of float about phrasal verb from the Oxford Advanced Learner's Dictionary

 

float about

 phrasal verb
phrasal verb
 
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Phrasal Verbs

float about

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float around

 
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(usually used in the progressive tenses) if an idea, etc. is floating around, it is talked about by a number of people or passed from one person to another There’s a rumour floating around that you’re thinking of leaving.