Imagine you have a toy that you want to let your friends play with. You can't give it to everyone at the same time because you only have one toy. So you decide to let your friends take turns playing with it. This is kind of like floating licensing.
Now imagine you have a computer program and you want to let lots of people use it. You can use floating licensing to let multiple people use the program without having to buy it for each person.
With floating licensing, you have a limited number of "licenses" for the program. A license is like a ticket that says someone can use the program. But instead of giving each person a physical ticket, the program keeps track of how many people are using it at any given time.
So if you have 10 licenses for the program, that means up to 10 people can use it at the same time. If someone wants to use the program, they "check out" a license. When they're done, they "check in" the license so someone else can use it.
Floating licensing is useful for businesses or organizations that have lots of employees who need to use the same program. Instead of buying a separate copy of the program for each employee, they can just buy a limited number of licenses and let everyone share.
Overall, floating licensing helps save money and allows multiple people to use a program without having to buy a separate copy for each person.