floating

Definition

noun
  1. Usage
    the act of starting a new company by selling shares in it on the Stock Exchange
  2. Usage
    the floating of the pound
    letting the pound find its own exchange rate on the international market
adjective
not fixed
Examplesfloating exchange rates • the floating pound

"...in a world of floating exchange rates the dollar is strong because of capital inflows rather than weak because of the nation's trade deficit" [Duns Business Month]

Use floating in a sentence

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
step down note exchange rate regime