Definitions from Wiktionary (exact)

▸ adjective:  Precisely agreeing with a standard, a fact, or the truth; perfectly conforming; neither exceeding nor falling short in any respect.
▸ adjective:  Habitually careful to agree with a standard, a rule, or a promise; accurate; methodical; punctual.
▸ adjective:  Precisely or definitely conceived or stated; strict.
▸ adjective:  (not comparable, homological algebra, of a sequence of morphisms in an abelian category) Such that the kernel of each morphism is the image of the preceding one.
▸ adjective:  (not comparable, homological algebra, of a functor of abelian categories) Such that it preserves short exact sequences.
▸ verb:  (ambitransitive) To demand and enforce the payment or performance of, sometimes in a forcible or imperious way.
▸ verb:  (transitive) To make desirable or necessary.
▸ verb:  (transitive) To inflict; to forcibly obtain or produce; to visit.
▸ adverb:  exactly
▸ Also see exact

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