What does the cryptic crossword clue "Nothing good is postponed (2,3)" mean?

The definition is "postponed". The wordplay uses a charade (building blocks). O (synonym of "Nothing") + NICE (synonym of "good"); definition: "postponed" The answer is ON ICE.

Nothing good is postponed (2,3)

Times Cryptic #28563 | 1 Across | 2023-03-29 flower

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