free float
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English
Noun
free float (plural free floats)
- An estimate of the proportion of shares of a public company that are not held by large owners and that are not stock with sales restrictions.
- A floating rate of exchange rate under which the currency's value is allowed to fluctuate in response to foreign-exchange market mechanisms without government intervention.
- Synonym: clean float
Verb
free float (third-person singular simple present free floats, present participle free floating, simple past and past participle free floated)
- (firearms) to alter a firearm so that no part of the barrel touches the stock.