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FLOATING
FLOATING
ScnAdmin
1.
the
action
of an
employee
leaving his
work
area
to socialize with other employees in other
work
areas of a
business
; idle wastage of
time
.
2.
designating
capital
that is available for
use
because it is not
invested
permanently or is in
circulation
.
3.
designating a
short
-
term
debt
that is not funded.
FLOATING
ScnMaster
issuing on the
stock
market
(the
place
where
stocks
and bonds are regularly sold) in
order
to raise
money
.
—9th
ACC
Volume 3 Approved Glossary