flotation


Concise Oxford English Dictionary © 2008 Oxford University Press:
flotation /fləʊˈteɪʃ(ə)n/ (also floatation)
noun
  • 1 the action of floating or capacity to float.
  • 2 the separation of small particles of a solid by their different capacities to float.
  • 3 the process of offering a company's shares for sale on the stock market for the first time.
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