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The following 2 entries include the term semifloating.
semifloating axle
noun: a live axle for a self-propelled vehicle in which an inner revolving shaft turns the wheels and the weight of the vehicle is carried on the ends of a fixed axle housing attached to the shaft at each end by bearings
semifloating hitch
noun: a hitch allowing limited independent vertical movement of tractor and implement
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Merriam-Webster unabridged