What is the relationship between a DECIMAL(m,n) column specification and the actual representation of that column in a 64-bit MySQL implementation?
I'm defining tables in a context where I know I need an exact value (hence DECIMAL) and I don't know how sensitive I am to truncation errors in the decimal portion. I'd therefore like to choose a column specification that makes reasonable use of the underlying storage (I know it's a 64-bit system).
I haven't yet found an answer in the MySQL documentation despite a reasonable search.