Number Representation

Fixed-Point Number
A fixed-point number in which the decimal point is set at a fixed location, commonly used for representing numbers with a predetermined scale.
Overflow
Overflow is an error condition that arises when the result of a calculation exceeds the maximum limit of a number that can be represented by an electronic computer or calculator.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.