- flotation of securities
- Issuing securities and selling the issue for the purpose of beginning or financing a business.
Ballentine's law dictionary. Anderson, W.S.. 1998.
flotation of securities
Look at other dictionaries:
flotation — [flō tā′shən] n. [earlier floatation, respelled as if < Fr flottaison] 1. the act or condition of floating; specif., the act of beginning or financing a business, etc., as by selling an entire issue of bonds, securities, etc. 2. the capacity… … English World dictionary
Flotation Cost — The costs incurred by a publicly traded company when it issues new securities. Flotation costs are paid by the company that issues the new securities and includes expenses such as underwriting fees, legal fees and registration fees. Companies… … Investment dictionary
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flotation cost — The total cost incurred by a company in offering its securities to the public … Big dictionary of business and management
flotation — The launching of a new Corporation via the issuing of *securities in a *market … Auditor's dictionary
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