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English definition of “exact”


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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