FLOATING a.
Not funded; not fixed, invested, or determined; as, floating capital; a floating debt. Trade was at an end. Floating capital had been withdrawn in great masses from the island. Macaulay. Floating anchor (Naut.), a drag or sea anchor; drag sail. -- Floating battery (Mil.), a battery erected on rafts or the hulls of shi…
STOCK n.
ank or other company, in the form of transferable shares, each of a certain amount; money funded in government securities, called also the public funds; in the plural, property consisting of shares in joint-stock companies, or in the obligations of a government for its funded debt; -- so in the United States, but in En…