The sophisticated and elite way of saying "Yes" or "Correct". Here are a slew of slangs that have spawned from this awesome phrase: "For sure", "Straight up", or "Tru dat".
Mogley: Oh it's succulent. Like a pig. I've gathered... oh, about 8 kilos of the precious stone.
Clyde: Of Pearl Quartz? The Big "White-o"? True Blue Ivory?
Mogley: Straight exact.
Clyde: Of Pearl Quartz? The Big "White-o"? True Blue Ivory?
Mogley: Straight exact.
by NostalgiaDrag April 22, 2005