Webster's English Dictionary

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floating

float.ing aj 1: buoyed on or in a fluid  2a: free from the usual attachment 
   {~ rib}  2b: located out of the normal position {~ kidney}  3a: continually 
   drifting or changing position {~ population}  3b: not presently committed 
   or invested {~ capital}  3c: short-term and usu. not funded {~ debt}  4: 
   connected or constructed so as to operate and adjust smoothly {~R axle}