float·ing 
(flōtĭng)
(flōtĭng)adj.
1. Buoyed on or suspended in or as if in a fluid.
2. Not secured in place; unattached.
3. Inclined to move or be moved about: a floating meeting; floating crap games.
4.
a. Permitted to rise or fall in response to the market: a floating exchange rate; a floating interest rate.
b. Having an exchange rate or interest rate that rises or falls in response to the market: a floating currency; a floating loan.
5. Being short-term debt that is continuously refinanced.
6. Economics Available for use; in circulation. Used of capital.
7. Designed or constructed to operate smoothly and without vibration.
8. Of or relating to an organ of the body that is movable or out of normal position: a floating kidney.