What does the cryptic crossword clue "Company in time making something new (7)" mean?

The definition is "something new". The wordplay uses a charade (building blocks). CO (abbreviation="Company") + IN (literal="in") + AGE (abbreviation="time") = COINAGE; definition: "something new" The answer is COINAGE.

Company in time making something new (7)

Times Cryptic #28695 | 21 Down | 2023-08-30 flower

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