float at

The phrase "float at" is commonly used in financial contexts, particularly during the initial offering of shares in the stock market.

πŸ‡ΊπŸ‡Έ US Voice:
πŸ‡¬πŸ‡§ UK Voice:

Definition

C1Finance

(technical)To set an initial price for shares or securities when they are first offered on the stock market.

Example

  • The company's shares were floated at $10 each during the IPO.

B2General

(informal)To arrive or appear without warning but not abruptly.

Example

  • New ideas often float at unexpected moments.

Similar

Terms that have similar or relatively close meanings to "float at":

float aroundfloating tonefree floatbuoy upfloating dockbob upfloating pointcoke float