I have a Wavetek 190 and on the front, next to the BNC's it says float 42v peak and these words appear between the bnc and a ground symbol, but the manual says nothing about this. So I found other manuals for other function generators to see if I could learn what it meant.
Now since my posting, I tried some experiments with my Wavetek to see if the bnc's are truly not earth referenced, but now I am more confused because when I used my multimeter to check to see if there was a voltage present between the center of the bnc and some other earth ground (I used the shell of the bnc on my oscilloscope) it said there was full voltage. I used the LoZ setting on my Fluke 117 to see if it was a ghost voltage and it wasn't.... Hmmm... Then I tried using my scope probe without the ground clip and hooked it to the center output of the generator and lo and behold a fine looking, undistorted sine wave. To me, this means the bnc shell of the generator is earth referenced. Hmmm indeed.