Business / Finance / Corporate Processing Float: This section will usually present (1) the company's executive office address and telephone number; (2) identifies each principal corporate officer by name and position followed by three numbers indicating (a) age, (b) number of years with the company, and (c) number of years in present position; and (3) provides a summary description of the company's business, including a breakdown of sales by (a) product line and (b) domestic and foreign distribution. Number of employees is also usually shown.
Float Adjective Synonyms: hover, poise, bob, waft, be suspended, hang, sail, drift, glide, swim
Float Verb Synonyms: launch, establish, set up, organize, found, initiate, get going or moving
Float Noun Synonyms: (parade) exhibit or display
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
Business / Finance / Floating-Rate Contract: The aggregate of securities believed to be available for immediate purchase, that is, in the hands of dealers and investors wanting to sell. MORE