The NVL function, often found in various SQL dialects (like Oracle, PL/SQL, and others), is a powerful tool for handling NULL values in your database. A NULL value represents the absence of a valid value. Directly using a column containing NULL values in calculations or comparisons can lead to unexpected results or errors. The NVL function provides a way to gracefully handle these situations by substituting a NULL value with a specific alternative value. This substitution allows your queries to proceed without errors and provides more predictable results. For instance, if you're calculating an average price and a product's price is missing, using NVL allows you to replace the NULL with a default value (like 0 or a placeholder) to avoid errors. This is particularly important in aggregate functions like SUM, AVG, or COUNT, where NULL values can skew the results. The function is also beneficial in situations where you need to display a default value in a report or presentation if a particular field is missing data.