Clean Float

Dictionary Says

Definition of 'Clean Float'

Also known as a pure exchange rate, a clean float occurs when the value of a currency, the exchange rate, is determined purely by supply and demand. Clean floats can only exist where there is no government interference, as would be the case in a purely capitalistic economy. Clean floats are a result of Laissez-Faire or free market economics.
Investopedia Says

Investopedia explains 'Clean Float'

A clean float is the opposite of a dirty float, which occurs when government rules or laws affect the pricing of currency. Virtually none of the currencies in the western world float cleanly, without support or some other form of relationship with a central bank. Swiss francs, German marks and Canadian dollars tend to be among the "cleanest" of the western currencies.

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'Clean Float'

  • Banks Looking To Buy Bad Mortgages

    http://stocks.investopedia.com/stock-analysis/2012/Banks-Looking-To-Buy-Bad-Mortgages-AVB-BX-COF-HCN-HCP0208.aspx
    ... And institutions with clean balance sheets present an attractive offer for investors ...
    at 5.5M shares, which represents about 5.83% of the company's float of 94.32 ...
  • Get Paid To Wait By Paychex

    http://stocks.investopedia.com/stock-analysis/2010/Get-Paid-To-Wait-By-Paychex-PAYX-ADP-BRK.A-ASF-RHI0915.aspx
    ... That, in turn, should restore a little buoyancy to Paychex's float. ... and Paychex
    targeting the smaller companies), Paychex should be a relatively clean play on ...
  • Financial Sector Contrarians Hit 52-Week Highs

    http://stocks.investopedia.com/stock-analysis/2010/Financial-Sector-Contrarians-Hit-52-Week-Highs-MTB-FCNCA-XLF-SPY-BRK.A0702.aspx
    ... More than 35% of the company's float is owned by professional investors. ... may be in
    a death spiral, but apparently some outfits are looking clean and profitable ...
  • Financial Services That Buffett Could Love

    http://stocks.investopedia.com/stock-analysis/2011/Financial-Services-That-A-Buffett-Could-Love-BRK.A-ADP-PAYX-FNF-FAF-ORI-FDS0317.aspx
    ... Last and certainly not least, each company produces a "float" of money, money paid
    to ... from the risk that a piece of property does not have a clean and proper ...
  • Four Reasons To Own HH Gregg

    http://stocks.investopedia.com/stock-analysis/2011/Four-Reasons-To-Own-HH-Gregg-HGG-BBY-CONN-RSH-WMT0404.aspx
    ... It has plenty of room to finance future growth, evident by its clean balance sheet
    and a $175 million ... Shares Short Almost 50% of its float is currently short. ...
  • Are the Pros Buying? Is it Important?

    http://stocks.investopedia.com/stock-analysis/2009/Are-the-Pros-Buying-Is-it-Important--AJGAVPSNYRHHBY0622.aspx
    ... institutional ownership. 87% of the company's outstanding float is owned by
    professionals. And Avon's fundamentals are also strong. Avon ...
  • Stocks That Benefit From A Weak Dollar

    http://stocks.investopedia.com/stock-analysis/2011/Stocks-That-Benefit-From-A-Weak-Dollar-COP-KBR-XOMTCK0712.aspx
    ... The Chinese government does not let the yuan float freely, which leads many to cite
    that as the reason China 's exports are so incredibly cheap. ...
  • Miller Industries – A Great Little Company That Nobody Knows

    http://stocks.investopedia.com/stock-analysis/2012/Miller-Industries--A-Great-Little-Company-That-Nobody-Knows-MLR-NAV-PCAR-OSK0112.aspx
    ... Unfortunately, the float on this stock is already quite thin and further buybacks
    may ... just too low for a company with good market share, a clean balance sheet ...

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