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I know generally what the float of a stock is; it's the stock in public hands that is available for sale at a moment's notice, as opposed to stock held by insiders or stock that is outstanding but unregistered or otherwise unavailable to the public market. But is there an exact definition of "float"? And what is the operational definition, i.e., how is the figure for a given stock's float that is reported by various market information services obtained?  | ||||||||||||
 
        
 
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