Floating

Business / Construction / Floating: The next-to-last stage in concrete work, when you smooth off the job and bring water to the surface by using a hand float or bull float.

Floating-Rate Note (FRN)

Business / Finance / Floating-Rate Note (FRN): An guaranteed investment instrument whose interest payment is tied to some variable (floating) interest rate benchmark, such as a specific-maturity Treasury yield. MORE

Floating Shares

Business / Taxes / Floating Shares: Floating shares are shares of a public corporation that are available for trading in a stock market. The number of floating shares may be smaller than the company’s outstanding shares if founding pa MORE

Floating Rate

Business / Taxes / Floating Rate: A debt security or corporate preferred stock whose interest rate is adjusted periodically to reflect changing money market rates is known as a floating rate instrument. These securities, for example, MORE

Floating An Issue

Business / Taxes / Floating An Issue: When a corporation or public agency offers new stocks or bonds to the public, making the offering is called floating an issue. In the case of stocks, the securities may be an initial public offering ( MORE

Floating Lien

Business / Finance / Floating Lien: A country's decision to allow its currency value to change freely. The currency is not constrained by central bank intervention and does not have to maintain its relationship with another currency in MORE

Floating Elements

Entertainment / Photography / Floating Elements: One or more elements in a lens which adjust position relative to other components during focusing or zooming. Used to maintain correction of lens aberrations at all settings. MORE

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