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flotation

noun
/fləʊˈteɪʃn/
/fləʊˈteɪʃn/
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  1. (also float)
    [countable, uncountable] (business商业) the process of selling shares in a company to the public for the first time in order to raise money(公司)首次公开发行股票
    • plans for (a) flotation on the stock exchange在证券市场上发行股票的计划
    • a stock-market flotation在股票市场上市
  2. [uncountable] (formal) the act of floating on or in water浮;漂浮
    • All who remain missing are believed to be wearing flotation devices.所有仍然失踪的人都被认为戴着漂浮装置。
  3. Word Originearly 19th cent.: alteration of floatation (from float) on the pattern of French flottaison. The spelling flot- was influenced by flotilla.

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