Event with floats (6)
I believe the answer is:
parade
'event with floats' is the definition.
(I've seen this in another clue)
This is the entire clue.
(Other definitions for parade that I've seen before include "March-past of troops etc." , "Show - display" , "Easter ___ , 1948 film with Judy Garland and Fred Astaire" , "Promenade" , "Air - display" .)