What does the cryptic crossword clue "Lavish reception in the House (7,5)" mean?

The wordplay uses charade, parts. LIBERAL (synonym of "Lavish") + PARTY (synonym of "reception") [outer letters: "House"] The answer is LIBERALPARTY.

Lavish reception in the House (7,5)

Guardian Cryptic #23778 | 22 Across | 2006-05-29 flower