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What is "round down"

Wiktionary
round down

vb. (context transitive arithmetic English) To round (a number) to the greatest integer that is not greater than it, or to some other lower value, especially a whole number of hundreds, thousands, etc.

WordNet
round down

v. express as a round number; "round off the amount" [syn: round off, round out, round]

Usage examples of "round down".

The decision to round down to two decimal places reflects a decision that the accuracy of a third decimal place is excessive.