Truncation error
Truncation error when numerically solving the differential equations associated with electrical circuits, approximation techniques are used. The errors associated with the use of these methods are termed truncation error. Controlling the local and global truncation errors is an important part of a circuit simulator’s task. Limits on these errors are often given by the user of the program.
Source: http://ee.sharif.edu/~lcsl/useful/Electrical%20Engineering%20Dictionary.pdf
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Author of the text: Ed. P.A. Laplante Boca Raton: CRC Press LLC, 2000
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