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Additionally there is a single-row version, UPDATE OR INSERT INTO tablename (columns) VALUES (values) [MATCHING (columns)], but the latter does not give you the option to take different actions on insert versus update (e.g. setting a new sequence value only for new rows, not for existing ones.)
In a database, a table is a collection of related data organized in table format; consisting of columns and rows. In relational databases , and flat file databases , a table is a set of data elements (values) using a model of vertical columns (identifiable by name) and horizontal rows , the cell being the unit where a row and column intersect ...