degree of precision
The highest polynomial degree a quadrature rule integrates exactly, every time -- not just approximately close.
A quadrature rule has degree of precision d if it integrates every polynomial of degree \le d exactly, and fails to integrate at least one polynomial of degree d+1 exactly. Simpson's rule fits a parabola (degree 2) through three points but has degree of precision 3, since a cubic's odd-degree term cancels by symmetry across the panel; an n-point Gauss-Legendre rule reaches degree of precision 2n-1, the maximum possible for n evaluations.
Examples
The trapezoidal rule fits a line (degree 1) but has degree of precision exactly 1, not higher -- unlike Simpson's rule, it gets no free extra degree from symmetry.
Point table
Graph settings
Calculator