a debt instrument with a variable interest rate tied to some other interest rate (e.g. the rate paid by T-bills)
an insurance policy covering loss of movable property (e.g. jewelry) regardless of its location
- "The boy floated his toy boat on the pond"
- "He floated the logs down the river"
allow (currencies) to fluctuate
- "The government floated the ruble for a few months"
- låta flyta