# Exact Numeric Type

A numeric type representing values with defined precision and scale without binary approximation.

## What is **Exact Numeric Type** in a relational database?

**Exact Numeric Type** — A numeric type representing values with defined precision and scale without binary approximation.

```sql
CREATE TABLE product (
    price DECIMAL(10, 2) NOT NULL
);
```

Level: Apprentice · [More Database terms at this level](https://www.ask-codey.com/glossary/subjects/database/apprentice)

Updated: September 27, 2026

Source: https://www.ask-codey.com/glossary/exact-numeric-type