What is the definition of Public float? | Dictionary.net

PUBLIC FLOAT

\pˈʌblɪk flˈə͡ʊt], \pˈʌblɪk flˈə‍ʊt], \p_ˈʌ_b_l_ɪ_k f_l_ˈəʊ_t]\

Definitions of PUBLIC FLOAT

1910 - Black's Law Dictionary (2nd edition)

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The number of shares that are for sale to the public when a company enters the stock market. These shares do not include the number of shares that are held by the managing directors and company officers.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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