free float

English

Noun

free float (plural free floats)

1. 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.
2. 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)

1. (firearms) to alter a firearm so that no part of the barrel touches the stock.