Generated columns
 
This is an SQL-standard feature that allows creating columns that are
computed from expressions rather than assigned, similar to a view or
materialized view but on a column basis.
 
This implements one kind of generated column: stored (computed on
write).  Another kind, virtual (computed on read), is planned for the
future, and some room is left for it.
 
Discussion: https://www.postgresql.org/message-id/flat/-4019-bdb1-699e-@2ndquadrant.com