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That will vary on the programming language used, but in general, it is a data type with a fixed number of decimal digits - usually four - which internally stores the number it represented as a whole number - for four digits, that would mean multiplying it by 10,000. It is commonly used to store currency values, but it can also be used for other type of data, when you are sure you won't need more than four decimals; its benefit is that additions and subtractions with this data type are exact - they don't suffer from rounding errors that appear when converting between decimal and binary, with other data types.

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