What does the cryptic crossword clue "Implacable, passed on loan with deductions (10)" mean?

The definition is "Implacable". The wordplay uses a charade (building blocks). RE (synonym="RE") + LENT (synonym="’lent again’=”passed on loan [to another person]”") + LESS (synonym="”with deductions”") = RELENTLESS; definition: "Implacable," The answer is RELENTLESS.

Implacable, passed on loan with deductions (10)

Guardian Cryptic #28920 | 8 Down | 2022-11-21 flower

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