FLOTATION
flotation, floatation
(noun) financing a commercial enterprise by bond or stock shares
flotation, floatation
(noun) the phenomenon of floating (remaining on the surface of a liquid without sinking)
Source: WordNet® 3.1
Etymology
Noun
flotation (countable and uncountable, plural flotations)
A state of floating, or being afloat.
The ability (as of a tire or snowshoes) to stay on the surface of soft ground or snow.
(mining, chemical engineering) A process of separating minerals by agitating a mixture with water and detergents etc; selected substances being carried to the surface in air bubbles.
(British, finance) The launching onto the market of a tranch of stocks or shares, usually a new issue.
Source: Wiktionary
Flo*ta"tion, n. Etym: [Cf. F. flottation a floating, flottaison water
line, fr. flotter to float. See Flotilla.]
1. The act, process, or state of floating.
2. The science of floating bodies. Center of flotation.
(Shipbuilding) (a) The center of any given plane of flotation. (b)
More commonly, the middle of the length of the load water line.
Rankine.
– Plane, or Line, of flotation, the plane or line in which the
horizontal surface of a fluid cuts a body floating in it. See
Bearing, n., 9 (c).
– Surface of flotation (Shipbuilding), the imaginary surface which
all the planes of flotation touch when a vessel rolls or pitches; the
envelope of all such planes.
Source: Webster’s Unabridged Dictionary 1913 Edition