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Float

Definition: Amount of money or time represented by checks that are in transit between banks for collection. Definition: [crh] Currency: Exchange rate policy that does not limit the range of the market rate.
Equities: Number ofDefinition: shares of a corporation that are outstanding and available for trading by the Definition: EF="/?rd=public">public, excluding insiders or restricted stock on a when-issued basis. A stock's <Definition: A HREF="/?rd=volatility">volatility is inversely correlated to its float.

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