| 单词 | flotation |
| 释义 | flotation The process of making the shares in a public company available for sale to the investing public. Flotation may raise money to finance new company activities, or may enable the owners of existing private companies to realize their assets. It also applies in the privatization of state-owned businesses. Different methods are used in flotations according to whether likely purchasers of shares are believed to be individual investors or institutions. |
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