An exact sequence is a chain complex with vanishing homology.
This is sometimes called a long exact sequence, where a short exact sequence is an exact sequence of the form
Of course, by adding to either end (or both!), one turns a short exact sequence into a chain complex and in particular into a long exact sequence.
A short exact sequence may also be defined in more elementary terms as a sequence
such that is a monomorphism, is an epimorphism, and the image of equals the kernel of (equivalently, the coimage of equals the cokernel of ).
A split exact sequence is a short exact sequence in which is a split monomorphism, or (equivalently) in which is a split epimorphism. In this case, may be decomposed as the biproduct (with and the usual biproduct inclusion and projection); this sense in which is ‘split’ into and is the origin of the general terms ‘split (mono/epi)morphism’.
The above works in any abelian category, and possible more generally. See also exact sequence of Hopf algebras.