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GLOSSARY: Enter search term:
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Glossary Term: FLOAT

Definition(s) for FLOAT:


1. ) A sum of money that represents checks that are outstanding.

2. ) The number of shares outstanding of a particular common stock.

3. ) The process of publicly offering shares to investors and listing on the stockmarket. A float may involve the issue of new shares to raise more capital for the company or the sale of shares previously owned by other shareholders. Float and IPO are terms often used interchangeably.


See Also:
ADMINISTRATIVE FLOAT, BANK FLOAT, BILLING FLOAT, CHECK-CLEARING FLOAT, COLLECTION FLOAT, DELIVERY FLOAT, DISBURSEMENT FLOAT, FED FLOAT, FLOAT ANALYSIS, INTERNAL FLOAT, MAIL FLOAT, PAYMENT PROCESSING FLOAT, REMITTANCE FLOAT, FEDERAL RESERVE FLOAT


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