/fləʊˈteɪʃən/ – noun
Definition: quá trình công bố cổ phiếu công ty trên thị trường chứng khoán.
A more thorough explanation: initial public offering, going public by offering shares on the stock exchange for the first time
Example: The flotation took place on July 12, 2004, valuing the company at $20 million.