adverb, adjective
floating or borne on the water; in a floating condition: The ship was set afloat.
on board a ship, boat, raft, etc.; at sea: cargo afloat and ashore.
covered with water; flooded; awash: The main deck was afloat.
moving without being guided or controlled; drifting.
passing from place to place; in circulation: A rumor is afloat.
free of major trouble, especially financially solvent: to keep a venture afloat.

before 1000; Middle English, Old English on flote. See a-1, float

half-afloat, adjective Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
afloat (əˈfləʊt)
adj, —adv
1.  floating
2.  aboard ship; at sea
3.  covered with water; flooded
4.  aimlessly drifting: afloat in a sea of indecision
5.  in circulation; afoot: nasty rumours were afloat
6.  free of debt; solvent

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Word Origin & History

O.E. aflote, from a- "on" (see a- (1)) + float (q.v.).
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
We need more people today to keep labor costs down and pensions afloat, and
  we'll figure out how to feed them later.
The district, a little island of everywhere afloat in a thousand-year-old city,
  ends a few blocks away.
Even if you use heavy-duty aluminum foil, the surface tension of water will go
  a long way towards keeping the foil boats afloat.
He stood for a while, afloat in the dwindling stream of commuters flowing from
  the subway.
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