Joint Float Law and Legal Definition
Joint float refers to a situation in which several currencies maintain a fixed exchange rate to each other. In a joint float, 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.
Legal Definition list
- Joint Financing Arrangement [Agriculture]
- Joint Field Office [JFO]
- Joint Executors
- Joint Enterprise [Tort]
- Joint Enterprise (Gaming Law)
- Joint Float
- Joint Heir
- Joint Implementation Plan for a Comprehensive National Nutrition Monitoring System
- Joint Information Center [JIC]
- Joint Information System
- Joint Interagency Coordination Group
