The most common and most likely answer to this crossword clue is the 10 letter word EXCELLENCY
I've seen this crossword clue in The Daily Telegraph
E
X
C
E
L
L
E
N
C
Y
More clues leading to the result EXCELLENCY
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The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does EXCELLENCY mean?
EXCELLENCY noun- The quality of being excellent.