refloat Synonyms
Another word for refloat
• verb (Context 1)
To set a grounded, stranded, or sunken ship or boat afloat again, or for such a vessel to become afloat again.
"Tugboats worked through the night to relaunch the cargo vessel after it ran aground on a sandbar."
• verb (Context 2)
To issue shares in a company on the stock market again, or to restore a struggling business or economy to solvency and activity.
"The private equity firm plans to restructure the retailer and relaunch it on the stock exchange within three years."
• noun (Context 3)
An act or instance of returning a grounded or sunken ship to a floating state, or of reintroducing a company's shares to the stock market.
"The salvage team planned the refloating of the stranded ferry to coincide with the highest spring tide."
• verb (Context 4)
To allow the exchange rate of a currency to fluctuate freely on the foreign exchange market again after a period of being fixed.
"The central bank decided to unpeg the national currency once foreign exchange reserves had stabilized."
Opposites of refloat
The opposite of refloat shifts depending on context. Common opposites include: