I don't understand how the definition for the generating function of Bell polynomials, i.e. $\Phi(t):=\exp(\sum_{k=1}^\infty x_k \frac{t^k}{k!})$, makes sense. If we write $F:=\sum_{k=1}^\infty x_k \frac{t^k}{k!}$, then $F\in \mathbb{C}[X_1,X_2,...][[t]]$ and $\Phi=\exp(F)$ but I don't get how one defines $\exp(F)$.
Let $\mathbb{C}[X_1,X_2,...][[t]]$ be equipped with the discrete topology. The above definition makes sense only if the sequence $\{\sum_{k=1}^n \frac{F^k}{k!}\}$ is convergent, but it is very unclear to me.
Or think of it in this way.
Define $\phi(u):=\sum_{n=0}^\infty \frac{(Fu)^n}{n!}$ so that $\phi \in \mathbb{C}[X_1,X_2,...][[t]][[u]]$.
$\Phi$ is well- define iff the evaluation of $\phi$ at $1$, i.e. $\phi(1)$ should be well-defined. But how?
Thank you in advance!