An all-acrylic, alkali-soluble emulsion that, when incorporated in a floor polish, exhibits outstanding leveling, high gloss and high wear, along with ease of use and low color. In addition, it is a leveling emulsion which duplicates the balance of properties formerly available in high-cost oligomeric products. It is supplied as a high solids, low viscosity, ready-to-use emulsion that is easy to store and handle. For example, it may be formulated into many floor polishes directly with neutralization occurring “in-situ” using the alkalinity of the floor polish polymer.