In economics, a monetary policy in which the value of the local currency is determined by the foreign exchange markets, with some intervention by the government (or its allies) in the event of excessive or dangerous movements.
Usually the term is applied when the country ignores long term shifts in value, but intervenes directly to avoid crises.
Usually the term is applied when the country ignores long term shifts in value, but intervenes directly to avoid crises.
Most of the nations in the world have neither a hard peg nor floating currency, but something in between--a dirty float, in which trade is under some restrictions.
by abu yahya June 24, 2008
Get the dirty float mug.I had butt piss really bad last night, so so I decided to give Steveie Wonder a floating mexican except this one was a little sloppy.
by the Votee June 2, 2005
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e.g. Q. 'Would you like to go skiing?' A. 'Whatever floats your boat' (your choice or preference)
e.g. Statement 'I prefer boys to girls'; Response 'I just like girls but whatever floats your boat is fine with me'.
e.g. Statement 'I prefer boys to girls'; Response 'I just like girls but whatever floats your boat is fine with me'.
by JacktheDog February 6, 2010
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Person 2: Fantastic, I was just FLOATING a couple of minutes ago.
Person 1: You must feel good now!!
Person 2: Fantastic, I was just FLOATING a couple of minutes ago.
Person 1: You must feel good now!!
by ALI-G RESPECT September 19, 2009
Get the FLOATING mug.A floater is a social mastermind who wavers between members of one particular clique or between multiple cliques in general, pitting people against one another and leeching out information without seeming like a threat. A perfected floater will appear incredibly trustworthy and neutral and will play both sides, but in reality, floaters look out for themselves and do whatever possible to keep themselves alive in any given scenario.
After playing both sides, floater Janina decided to attend neither Trichelle's nor Mindy's party, so that neither clique queen would be upset with her.
by Gigglez July 24, 2008
Get the floater mug.by Bill Odey December 23, 2006
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by Podge & Rodge November 1, 2006
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