On the nlab page for real-closed fields, these following statements are made pertaining to their category theoretic nature.
(1) In fact, the category of real closed fields and order-preserving field homomorphisms is a full subcategory of the category of fields and field homomorphisms.
(2) Theorem. The full inclusion of the category of real closed fields and field homomorphisms to the category of ordered fields and ordered field homomorphisms has a left adjoint.
The latter one has a proof following it, but regardless I am interested in seeing the definitive meaning behind these notions. I checked the given references but didn't find anything in the vein of these statements. I'm interested and can extract good intuition on the matters but I would like if anyone has any good sources concerning the relationship between category theory and real closed fields. Thanks in advance.
In this case it means that a field homomorphism between real closed fields preserves the order.
Note that the left adjoint is just the reflection functor.
In this case, the real closure of an ordered field is its reflection.