flotation

Từ điển Oxford Advanced Learner 8th

flo·ta·tion [flotation flotations] BrE [fləʊˈteɪʃn] NAmE [floʊˈteɪʃn] noun
1. (also float)countable, uncountable (business)the process of selling shares in a company to the public for the first time in order to raise money
•plans for (a) flotation on the stock exchange
•a stock-market flotation
2. uncountable the act of floating on or in water
See also: ↑float

Word Origin:
early 19th cent.: alteration of floatation (from ↑float) on the pattern of French flottaison. The spelling flot- was influenced by ↑flotilla.