float
- noun
- /floʊt/
- Specialized
- The float of the company allows more investors to buy and sell shares freely in the market.
It had been shorted more than its own float, I believe.
- It had been shorted more than its own float, I believe.
- But what they've basically done is they've taken their cash backing and turned it into a now a market float coin, which which is pretty, pretty shocking.
Examples
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By mid-December, Facebook's float will be 1.9 billion shares.
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If the price falls, then they withdraw shares from the float.
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When you limit the float, you could really increase the value of each share or each coin.
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An additional 234 million shares and options were added to this float two days ago.
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With a current float of less than 5 million shares, this is going to really be a mover.
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Short interest is fairly high for such a large company, with 6% of the 2.7 billion float shorted.
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You own about 26% of the float of GM and nearly half of AIG.
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Facebook's "float" is currently 692 million shares (stock available to be sold in the public market).
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On October 28th, Facebook's float (stocks available to be sold in the public market) was 692 million shares.
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Due to a limited float, the stock's price increased significantly after the announcement.
Idioms
Compounds
- Specialized
An emergency raft on a ship for people to use if they must leave at sea
A position for floating face down in the water with arms stretched forward to rest and breathe
- Specialized
A device with a float that rests on collected rain to measure how much falls
- Specialized
A tool that measures rain using a float on the top of the collected water
- Specialized
A flat hand tool with a handle used to smooth wet wall material like plaster or cement
Surface Forms
Etymology
In business, a company's float means the shares that are free to move on the market, and this sense comes from the idea of letting things 'float' or move freely, from the old English flotan. So the float tells you how many shares are actually available to trade.