›complete, correct, or true in every way: exact number/amount/priceThe 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›MONEYthe 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.