definitely or strictly stated, defined, or fixed: precise directions.
being exactly that and neither more nor less: a precise temperature; a precise amount.
being just that and no other: the precise dress she had wanted.
definite or exact in statement, as a person.
carefully distinct: precise articulation.
exact in measuring, recording, etc.: a precise instrument.
excessively or rigidly particular: precise observance of regulations; precise grooming.

1350–1400; Middle English < Latin praecīsus curtailed, brief, orig. past participle of praecīdere to cut off, cut short, equivalent to prae- pre- + -cīsus, combining form of caesus, past participle of caedere to cut

precisely, adverb
preciseness, noun
overprecise, adjective
overprecisely, adverb
overpreciseness, noun
superprecise, adjective
superprecisely, adverb
superpreciseness, noun
ultraprecise, adjective
unprecise, adjective
unprecisely, adverb
unpreciseness, noun

précis, precise.

1. explicit. See correct.

1. indefinite, vague. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
precise (prɪˈsaɪs)
1.  strictly correct in amount or value: a precise sum
2.  designating a certain thing and no other; particular: this precise location
3.  using or operating with total accuracy: precise instruments
4.  strict in observance of rules, standards, etc: a precise mind
[C16: from French précis, from Latin praecīdere to curtail, from prae before + caedere to cut]

precisely (prɪˈsaɪslɪ)
1.  in a precise manner
sentence substitute
2.  exactly: used to confirm a statement by someone else

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Word Origin & History

mid-15c., from M.Fr. précis "condensed, cut short" (14c.), from M.L. precisus, from L. praecisus "abridged, cut off," pp. of praecidere "to cut off, shorten," from prae- "in front" + caedere "to cut" (see cement; for Latin vowel change, see acquisition).
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
The brain is so easily tricked, they say, precisely because it has spent a
  lifetime in its own body.
Precisely what the sailors had actually seen, though, was up for debate.
Align it precisely with the center of the opening and carefully slide it
  straight down into place.
Each morning, it finds your check-ins from precisely one year earlier and
  emails you a summary.
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