1. makes something float again after it has sunk or become grounded
Usage: nautical; third person singular present tense
2. restores financial stability to a failing company or economy
Usage: business; third person singular present tense

Examples

• The coast guard refloats the stranded yacht at high tide.
• The salvage crew refloats the sunken cargo ship using air bags.
• The government refloats the failing bank with emergency funding.
• The investor refloats the struggling company through a capital injection.
• High tide refloats the fishing boat that ran aground.
• The central bank refloats the currency after the economic crisis.