What does the cryptic crossword clue "Party time, charge around (4)" mean?

The definition is "Party". The wordplay uses charade, container. T (synonym of "time,") + FEE (synonym of "charge") [container: "around"]; definition: "Party" The answer is FETE.

Party time, charge around (4)

Guardian Cryptic #25494 | 10 Across | 2011-12-01 flower

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