(redirected from paddle)
Also found in: Dictionary, Thesaurus, Medical, Acronyms, Idioms, Encyclopedia, Wikipedia.


Currency: Exchange rate policy that does not limit the range of the market rate.
Equities: Number of shares of a corporation that are outstanding and available for trading by the public, excluding insiders or restricted stock on a when-issued basis. A stock's volatility is inversely correlated to its float.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.


1. The number of shares of a publicly-traded company available to trade. It is important to note that this may be different from the shares outstanding: some shareholders may buy and hold, reducing the size of the float. The size of a float greatly affects a stock's volatility. If a float is small, any number of activities could affect greatly its price, especially a single large order to buy or sell it. This would greatly alter the number of shares available to trade, creating too little or too much supply and therefore drive the price up or down. A large float tends to have less volatility because large orders do not affect the supply as much. It is also called a floating supply. See also: Technical condition of a market.

2. In foreign exchange, a currency that is not pegged to another currency's value.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


1. Funds that are on deposit at two institutions at the same time because of inefficiencies in the collection system. This situation permits a person or firm to earn extra income because the two institutions are paying interest on the same funds. As an example, a person writes a check on a money market fund in order to make a deposit in a local financial institution. Until that check gets back to the bank on which it was written (a transit often entailing two or three days), the investor receives interest on his or her funds from both institutions. See also fail float.
2. The number of shares in public hands and available for trading. Institutional investors require that a security have a large float before they will take a position in it. The large float guards against a substantial price change in the security while the institution is buying. Also called floating supply.


To permit a country's currency to change freely in value against foreign currencies.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.


In investment terms, a float is the number of outstanding shares a corporation has available for trading.

If there is a small float, stock prices tend to be volatile, since one large trade could significantly affect the availability and therefore the price of these stocks. If there is a large float, stock prices tend to be more stable.

In banking, the float refers to the time lag between your depositing a check in the bank and the day the funds become available for use. For example, if you deposit a check on Monday, and you can withdraw the cash on Friday, the float is four days and works to the bank's advantage.

Float is also the period that elapses from the time you write a check until it clears your account, which can work to your advantage. However, as checks are increasingly cleared electronically at the point of deposit, this float is disappearing.

In a credit account, float is the amount of time between the date you charge a purchase and the date the payment is due. If you have paid your previous bill in full and on time, you don't owe a finance charge on the amount of the purchase during the float.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.


(1) The amount of movement in a variable-rate mortgage,as in “the loan can float 1 percent per year or a maximum of 5 percent in a lifetime.” (2) The period of time after a check is deposited but before the funds have been collected or credited.If a depositor receives credit immediately,even though it may take several days for the maker's bank to transfer funds to the depositor's bank,then the depositor takes advantage of the float because it has use of the money.If a depositor does not receive credit for several days, but the bank has already received its money from the maker's bank, then the bank takes advantage of the float.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.


Allowing the interest rate and points to vary with changes in market conditions,as opposed to “locking” them.

Floating may be mandatory until the lender's lock requirements have been met. After that, the borrower may elect to lock the rate and points at any time but must do so a few days before the closing.

Allowing the rate to float exposes the borrower to market risk and also to the risk of being taken advantage of by the loan provider. See Locking the Loan/Choosing When to Lock.

The Mortgage Encyclopedia. Copyright © 2004 by Jack Guttentag. Used with permission of The McGraw-Hill Companies, Inc.
References in periodicals archive ?
The company rents recreation, touring, and inflatable kayaks; kayak accessories; paddle boards; inflatable rafts.
On the first try, Otho shot 10 rounds and dropped all five paddles. He got the last paddle with the last shot.
Some 15 ladies descended on NessNass beach in Jumeirah, armed with paddle boards to try out stand-up paddle boarding for the first time with Kite N Surf as part of the Dubai Fitness Challenge free offerings this month.
Manual is the preferred choice for paddling due to the fact that the automatic models may accidently go off when getting wet during a paddle.
The paddle, of course, allows you to slip this rig on in a second and off in about three seconds as you twist it to get past the very effective molded plastic lips which catch under your gun belt.
Pascal Gauvin, chief operating officer, India, Middle East and Africa, IHG commented: "Damian and Angelo have once again demonstrated tremendous drive and strength in completing their second 'Capital Paddle' and the money they have raised will have a real impact on the lives of those in need across the globe.
Paddle holsters feature a curved piece of polymer on the back of the holster designed to fit around the wearer's waist/hip.
Aten had been paddle boarding with a friend, who was able to pull him from the water and begin CPR before rescuers arrived.
With the 2016 Olympic and Paralympic Games in Rio just over a year away, Go Canoeing - the Olympic legacy initiative from British Canoeing - is challenging the nation to paddle the distance from the UK to Rio for National Go Canoeing Week 2015.
Depending on weather and tide we paddle through the caves at Cullercoats, along to St Marys lighthouse, or stay on the beach, playing in the waves!
At first a mobile business, she bought eight paddle boards, rented them out and gave lessons.
A DNA test identified the body -- found on a beach in GE-ndoy-du village on Marmara Island, off the coast of the northwestern province of Balykesir -- as belonging to Serdar Demir, one of the five young men in the paddle boat.