Exact Functor
A functor between categories of groups or modules is called exact if it preserves the exactness of sequences, or equivalently, if it transforms short exact sequences into short exact sequences. A covariant functor is called left exact if it preserves the exactness of all sequences 0⟶A⟶B⟶C, and it is called right exact if it preserves the exactness of all sequences A⟶B⟶C⟶0.