A floating foundation is a type of foundation that is used in construction and is designed to minimize settlement. It involves balancing the weight of the structure with the weight of the removed soil, which causes zero settlement. This type of foundation is typically used in areas with low allowable bearing pressure or potential settlement issues, and can also be used on high moisture soils to create a moisture barrier. A floating foundation is the most affordable type of foundation to install as it requires no excavation for footings. It consists of boxlike rigid structures set at a depth below ground and is often used in place of traditional footings. This type of foundation is commonly used for buildings that do not have a high load-bearing requirement.