As of 2014, the IEEE 754-2008 is the most commonly implemented standard for floating-point arithmetic. This framework is a massive overhaul of its predecessor IEEE 754-1985 and includes a built-in collection of guidelines specifying nearly every conceivable aspect of floating-point theory. The full name of the standard is the IEEE Standard 754-2008 for Floating-Point Arithmetic, though in literature, it is commonly shortened to either IEEE 754-2008 or to IEEE 754 provided there is no confusion.

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