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Is there an equivalent of the DB2 function decimal(numeric expression, precision, scale) in PostgreSQL? Or how would I do this functionality in PostgreSQL?

The DECIMAL function returns a decimal representation of a character-string. The value of this second argument specifies the precision of the result. The scale value specifies the scale of the result (not sure what that means?).

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Seems like that is a different way of writing a cast:

select cast('3.1415926535897932384626433832795' as decimal(12,4)) as pi

returns:

   pi
--------
 3.1416

And

select cast('3.1415926535897932384626433832795' as decimal(12,6)) as pi

returns:

    pi
----------
 3.141593
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    You can also use the :: casting operator (in my view, that is a bit more readable). Also, just for the completeness, numeric is a synonym for decimal (or the other way around, if you like).
    – dezso
    Sep 4, 2018 at 8:10

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