See Also: Joint float(money)
Joint float(finance)
Constant-Velocity Joint (Cv Joint) - Motor Sports(gambling)
Net float(money)
Net float(finance)
Float(finance)
float(1)(dictionary)
Float(money)
Float(medicine)
float(2)(dictionary)

Joint float (finance)


An arrangement by which a group of currencies maintain a fixed relationship relative to each other, but move jointly relative to another currency in response to supply and demand conditions in the exchange market.