Definition, Meaning & Synonyms
decimal-place
noun
/ˈdɛs.ɪ.məl pleɪs/
Definition
A decimal place refers to the position of a digit in a decimal number relative to the decimal point.
Examples
- In the number 3.456, the digit ‘6’ is in the third decimal place.
- When rounding to two decimal places, 5.678 would become 5.68.
- In financial calculations, it is often required to report values to two decimal places.
Meaning
It indicates how far the digit is from the decimal point, helping to determine its value in relation to whole numbers and fractions.
Synonyms
- place value
- decimal position
