The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

CLEAN FLOAT Definition & Legal Meaning

Definition & Citations:

Systems of floating-exchange rates. The worth of a currency is set with no government interference entirely by the forces of market demand and supply. Contrast to dirty float. Known also as pure exchange rate.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.