In computing, tapered floating point (TFP) is a format similar to floating point, but with variable-sized entries for the significand and exponent instead of the fixed-length entries found in normal floating-point formats. In addition to this, tapered floating-point formats provide a fixed-size pointer entry indicating the number of digits in the exponent entry. The number of digits of the significand entry (including the sign) results from the difference of the fixed total length minus the length of the exponent and pointer entries.[1]
Thus numbers with a small exponent, i.e. whose order of magnitude is close to the one of 1, have a higher relative precision than those with a large exponent.