1. past tense of refloat; to make (a ship or boat) float again after it has run aground or sunk
Usage: nautical
2. past tense of refloat; to restore (a business or organization) to financial stability
Usage: business; finance

Examples

• The cargo ship was successfully refloated after being stuck on the sandbar for three days.
• Tugboats refloated the vessel during high tide.
• The company was refloated with new investment from overseas partners.
• After months of negotiations, the airline was refloated by government funding.
• The salvage crew refloated the sunken yacht using specialized equipment.
• Investors refloated the struggling restaurant chain with a major cash injection.