Floating \Float"ing\, n. 1. (Weaving) Floating threads. See {Floating threads}, above. [1913 Webster] 2. The second coat of three-coat plastering. --Knight. [1913 Webster] 3. The process of rendering oysters and scallops plump by placing them in fresh or brackish water; -- called also {fattening}, {plumping}, and {laying out}. [Webster 1913 Suppl.] Floating charge