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3.04
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flotation noun [ fləʊˈteɪʃ(ə)n ]

• the action of floating in a liquid or gas.
• "the body form is modified to assist in flotation"
• the process of offering a company's shares for sale on the stock market for the first time.
Origin: early 19th century: alteration of floatation (from float) on the pattern of French flottaison . The spelling flot- was influenced by flotilla.


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