| float 1) In the USA, the proportion of a corporation's stocks that are held by the public rather than the corporation. 2) Money created as a result of a delay in processing cheques, e.g. when one account is credited before the paying bank's account has been debited. See: federal reserve float.3) Money set aside as a contingency fund or an advance to be reimbursed. 4) See: flotation.5) The amount of money that a bank holds with a central bank. |