What is the meaning of Flotation?

A state of floating, or being afloat.

The ability (as of a tire or snowshoes) to stay on the surface of soft ground or snow.

A process of separating minerals by agitating a mixture with water and detergents etc; selected substances being carried to the surface in air bubbles.

The launching onto the market of a tranche of stocks or shares, usually a new issue.

Source: wiktionary.org