The Law Dictionary

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

PUBLIC FLOAT Definition & Legal Meaning

Definition & Citations:

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.

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.