In some ways the size is the most important property of a button cell: cells of different chemistry are to a considerable extent interchangeable. In practice only cells of fairly similar voltages are made in any given size; there is no "CR1154" 3V lithium battery mechanically interchangeable with a 1.5V silver or alkaline size 1154 cell. Use of a battery of significantly higher voltage than equipment is designed for can cause permanent damage, but use of a cell of the right voltage but unsuitable characteristics can only lead to short battery life or failure to operate equipment.
International standard IEC 60086-3 defines an alphanumeric coding system for "Watch batteries". Manufacturers often have their own naming system; for example, the cell called LR1154 by IEC standard is named AG13, LR44, 357, A76, and other names by different manufacturers. The IEC standard and some others encode the case size so that the numeric part of the code is uniquely determined by the case size; other codes do not encode size directly.
Examples of batteries conforming to the IEC standard are CR2032, SR516, and LR1154, where the letters and numbers indicate the following characteristics. For types with stable voltage falling precipitously at end-of-life (cliff-top voltage-versus-time graph), the end-voltage is the value at the "cliff-edge", after which it drops extremely rapidly. For types which lose voltage gradually (slope graph, no cliff-edge) the end-point is the voltage beyond which it is deemed that equipment will not work properly, typically 1.0 or 0.9V.
Common names are conventional rather than uniquely descriptive; for example, a cell called a "silver oxide cell" rather than "alkaline" actually has an alkaline electrolyte. "L", "S", and "C" type cells are today the most commonly used types in quartz watches, calculators, small PDA devices, computer clocks, and blinky lights.
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