Usage Note
Flotante is the present participle of flotar used as an adjective, and it is invariable in gender (un objeto flotante, una isla flotante). In finance, tipo de cambio flotante means floating exchange rate. In computing, punto flotante (floating point) is the standard term for decimal arithmetic.
Examples
"Vimos una isla flotante en el lago."
Natural Translation
We saw a floating island on the lake.

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