[python] How to truncate float values?

So many of the answers given for this question are just completely wrong. They either round up floats (rather than truncate) or do not work for all cases.

This is the top Google result when I search for 'Python truncate float', a concept which is really straightforward, and which deserves better answers. I agree with Hatchkins that using the decimal module is the pythonic way of doing this, so I give here a function which I think answers the question correctly, and which works as expected for all cases.

As a side-note, fractional values, in general, cannot be represented exactly by binary floating point variables (see here for a discussion of this), which is why my function returns a string.

from decimal import Decimal, localcontext, ROUND_DOWN

def truncate(number, places):
    if not isinstance(places, int):
        raise ValueError("Decimal places must be an integer.")
    if places < 1:
        raise ValueError("Decimal places must be at least 1.")
    # If you want to truncate to 0 decimal places, just do int(number).

    with localcontext() as context:
        context.rounding = ROUND_DOWN
        exponent = Decimal(str(10 ** - places))
        return Decimal(str(number)).quantize(exponent).to_eng_string()