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LivingMetal said:

"Console launch exclusive means the first console the game will launch on will be Xbox One... I don't know, honestly, anything about when those games are going to launch on another platform. It's really up to the developer to do the work to make that happen."

-Phil Spencer, Xbox Boss

Taken from:

https://www.gamespot.com/articles/e3-2017-xbox-boss-clarifies-what-console-launch-ex/1100-6450919/

The knucklehead should just use the term the gaming world already uses for it. Timed Exclusive.