From The Collaborative International Dictionary of English v.0.48 :
bobfloat \bob"float\ n. 1. a small float usually made of cork; attached to a fishing line. Syn: bob, bobber, cork. [WordNet 1.5]From WordNet (r) 3.0 (2006) :
bobfloat n 1: a small float usually made of cork; attached to a fishing line [syn: bob, bobber, cork, bobfloat]