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float  (flōt)v. float·ed, float·ing, floats v.intr.1. a. To remain suspended within or on the surface of a fluid without sinking.b. To be suspended in or move through space as if supported by a liquid.2. To move from place to place, especially at random.3. To move easily or lightly: Miss Golightly ... floated round in their arms light as a scarf (Truman Capote).4. Economics To rise or fall freely in response to the market: allowed the dollar to float; a loan whose interest rate floats with the prime rate.v.tr.1. To cause to remain suspended without sinking or falling.2. a. To put into the water; launch: float a ship; float a navy.b. To start or establish (a business enterprise, for example).3. To flood (land), as for irrigation.4. Economics To allow (the exchange value of a currency, for example) to rise or fall freely in response to the market: Inflation forced the government to float the currency.5. To offer for consideration; suggest: floated my idea to the committee.6. To release (a security) for sale.7. To arrange for (a loan).8. To make the surface of (plaster, for example) level or smooth.9. Computers To convert (data) from fixed-point notation to floating-point notation.n.1. Something that floats, as:a. A raft.b. A bu