the phenomenon of floating (remaining on the surface of a liquid without sinking)
financing a commercial enterprise by bond or stock shares
例句
用作名词 (n.)
In the western ecnomics, ealier floatation of bonds theory has developed and come into different schools on the different background. 关于公债的发行，早在西方经济学就有所演绎，并且在不同背景下产生了不同流派。
美
[floʊ'teɪʃən]
