flotation
B2CEFR level
60/100Rarity: rare
TechnicalRegister
Law noun
The offering of a company's shares to the public for the first time, typically on listing.
The flotation valued the technology group at three billion pounds.
Business noun
The offering of a company's shares to the public for the first time.
The tech start-up's flotation valued the business at three billion pounds.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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