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English definition of “exact”

exact

adjective     /ɪɡˈzækt/
complete , correct , or true in every way: exact number/amount/price The exact purchase price will depend on the company’s per-share book value on the deal's closing date . We are going to provide over $50 million, $52 million to be exact, in grants .
exact change/money MONEY the correct amount of cash needed to pay for something, and not more or less than the amount needed : Do you have the exact change ? We’re out of quarters .
(Definition of exact adjective from the Cambridge Business English Dictionary © Cambridge University Press)
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