Something I've always been confused about was the 110V, 115V, and 120V input voltage parameters for some machines and devices. For example, looking at the bottom of my Hakko FX-888D, it specifies an input voltage of 120V and my bench top DC supply has a switch to select for input voltage, and it's set to 115V.
What is the correct way to specify input voltage? Where I work, we develop machines used for soil and aggregate testing, and our website lists some of our machines having an input of 115V, and some at 120V, and even some at 110V. In my mind defining it as 120V (or 240V) is correct since that is the only voltage that falls within 5% of 120V, which is what power stations must be able to deliver?