Corporate Processing Float

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.

Other Words for Float

Float Noun Synonyms: (parade) exhibit or display
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
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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-Rate Contract

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

Floating Wall

Business / Construction / Floating Wall: A non-bearing wall built on a concrete floor. It is constructed so that the bottom two horizontal plates can compress or pull apart if the concrete floor moves up or down. Normally built on basements MORE

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