Also means
to revive
Usage Note
Reflotar literally means to raise a sunken vessel back to the surface, but it is widely used figuratively for rescuing a failing business, project, or institution from collapse — reflotar una empresa en quiebra. The figurative sense is now more common than the nautical one in press and business language. It is a regular -ar verb with no stem changes.
Examples
"Lograron reflotar la empresa con nuevas inversiones."
Natural Translation
They managed to revive the company with new investment.

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