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free float

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freefloat (pluralfree floats)

1. An estimate of the proportion ofshares of a public company that are not held by large owners and that are not stock with sales restrictions.
2. Afloating rate ofexchange rate under which thecurrency's value is allowed tofluctuate in response to foreign-exchange market mechanisms without government intervention.

   Synonym:clean float

freefloat (third-person singular simple presentfree floats,present participlefree floating,simple past and past participlefree floated)

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

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