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Jaleh Posted 8 years ago
Grammar

Floating on the stock exchange

After floating the company on the stock exchange the following year, he expanded ...

What does the underlined part mean?

  

Top answer

org/wiki/float#Verb : To issue or sell shares in a company to members of the public, followed by listing on a stock exchange.

  • org/wiki/float#Verb : To issue or sell shares in a company to members of the public, followed by listing on a stock exchange.
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1 Answers
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This is sense 14 of "float" at https://en.wiktionary.org/wiki/float#Verb :

To issue or sell shares in a company to members of the public, followed by listing on a stock exchange.

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