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Simplified etymology
Exact was borrowed from Latin exagere, “to drive or lead out,” and first entered English as a verb meaning to demand goods or money as payment or tax. The adjective appeared in the mid-16th century with senses such as “accurate” and “highly skilled,” and the modern contrast with “approximate” is first recorded in the early 17th century.
Etymology
From Latin exāctus (the verb via Middle English exact), perfect passive participle of exigō (“demand, claim as due; measure by a standard, weigh, test”), from ex (“out”) + agō (“drive”).
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