What makes a function "exponential"?
A function is exponential when its input variable sits in the exponent rather than in the base, as in f(x) = bx. That single placement is what separates it from a polynomial like f(x) = x3, where the exponent is fixed and the base is what varies.
Because x is the exponent, each unit increase in x multiplies the output by the same factor b, rather than adding the same amount. That difference is the source of the curve's characteristic accelerating shape.