Web Reference: To exact something is to not only demand it, but also obtain it. The most common things exacted—revenge, retribution, and that ilk—often require physical force, but other things exacted—such as penalties and prices, promises and concessions—can be obtained with gentler forms of persuasion. If something's exact, it's precise and completely accurate — as opposed to a guess, an estimate, or an approximation. Exact also has the meaning of taking something from someone, often money, and generally only given up with reluctance under the threat of force. Exact means correct in every detail. For example, an exact copy is the same in every detail as the thing it is copied from. I don't remember the exact words. The exact number of protest calls has not been revealed.
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