What does the cryptic crossword clue "Settled dispute outlined by contract (8)" mean?

The definition is "Settled". The wordplay uses a container (one word inside another). FRAY (synonym="dispute") in DEED (synonym="contract") = DEFRAYED; definition: "Settled" The answer is DEFRAYED.

Settled dispute outlined by contract (8)

Times Cryptic #28563 | 17 Down | 2023-03-29 flower

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