What does "exect" mean?

I'm curious, could you please clarify the meaning of the term "exect" for me? I've come across it in the context of cryptocurrency and finance, but I'm unsure of its exact definition. Is it a typo for a more commonly used term, or is it a specialized term within this field? Could you provide some context or examples of how "exect" is used in the cryptocurrency and finance industry? I'd appreciate any insight you can offer.