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The word 'floating' is the present participle, present tense of the verb to float. The present participle of the verb also functions as an adjective and a gerund (verbal noun).

Examples:

The canoe was floating away from the dock. (verb)

The floating balloon eventually disappeared from sight. (adjective)

Floating is the first thing I learned in swimming class. (noun)

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Blaze Welch

Lvl 10
4y ago

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