Truncation

In mathematics and computer science, truncation is the term for limiting the number of digits right of the decimal point, by discarding the least significant ones.

For example, consider the real numbers

5.6341432543653654
32.438191288
−6.3444444444444

To truncate these numbers to 4 decimal digits, we only consider the 4 digits to the right of the decimal point.

The result would be:

5.6341
32.4381
−6.3444

Note that in some cases, truncating would yield the same result as rounding, but truncation does not round up or round down the digits; it merely cuts off at the specified digit. The truncation error can be twice the maximum error in rounding.

Read more about Truncation:  Truncation and Floor Function, Causes of Truncation, In Algebra