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English
flotation
floʊˈteɪʃən, floʊˈteɪ.ʃən, floʊˈteɪʃ(ə)n, fləʊˈteɪʃən
Meaning: the act of floating; the sale of a company's shares on the stock market for the first time
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Example
The company's stock market flotation was a huge success.
The company's stock market flotation was a huge success.
Usage Notes
In a business context, it refers to an Initial Public Offering (IPO). In a general context, it refers to the ability or act of staying on the surface of a liquid.
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