BusinessSeptember 2, 2026
flotation
floh-TAY-shun
Definition
The act of offering a company's shares for public sale for the first time, commonly known as an initial public offering (IPO).
Etymology
Derived from the verb 'float,' which in a financial context refers to putting shares into circulation. It traces back to the Old English 'flotian,' meaning to rest or move on the surface of a liquid.
In the news
The article uses the term to describe the upcoming financial debut of Anthropic, noting that its IPO is expected to be more significant than the recent flotation of SpaceX.
Anthropic expanding Israel marketing and sales
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