ex·act·ly / igˈzak(t)lē/ • adv. 1. without discrepancy (used to emphasize the accuracy of a figure or description): fold the second strip of paper in exactly the same way.2. in exact terms; without vagueness: what exactly are you looking for?3. used as a reply to confirm or agree with what has just been said: “You mean that you're going to tell me the truth?” “Exactly.”PHRASES: not exactly inf. 1. not at all: that was not exactly convincing.2. not quite but close to being: not exactly agitated, but disturbed.