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Definition of 'Flotation'
The process of changing a private company into a public company by issuing shares and soliciting the public to purchase them.
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Investopedia explains 'Flotation'
By doing an IPO, the company is able to obtain financing from sources outside of its regular business. This helps finance projects that return the founder's initial investment. Also known as "going public."
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Search results for 'Flotation'
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http://www.investopedia.com/exam-guide/cfa-level-1/corporate-finance/cost-of-newly-issued-stock.asp
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http://www.investopedia.com/articles/fundamental-analysis/11/calculating-required-rate-of-return.asp
... next year); S = current stock value (if using the cost of newly issued common stock you will need to minus the flotation costs); g ...
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http://www.investopedia.com/articles/07/economists.asp
... His flotation in unregulated and unpegged markets was to the tune of "money is worth what people think it is worth." His works were even circulated underground ...
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http://www.investopedia.com/exam-guide/cfa-level-1/corporate-finance/marginal-cost-of-capital.asp
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