Pronunciation: (u-flōt'),[key] —adv., adj. 1. floating or borne on the water; in a floating condition: The ship was set afloat. 2. on board a ship, boat, raft, etc.; at sea: cargo afloat and ashore. 3. covered with water; flooded; awash: The main deck was afloat. 4. moving without being guided or controlled; drifting.
5. passing from place to place; in circulation: A rumor is afloat. 6. free of major trouble, esp. financially solvent: to keep a venture afloat.