What does the cryptic crossword clue "Speaker's cut charge, entertaining to a high degree (9)" mean?

The definition is "high degree". The wordplay uses a homophone (sounds like). DOC sounds like [speaker’s] “dock” (cut) + RATE (charge), containing [entertaining] TO The answer is DOCTORATE.

Speaker's cut charge, entertaining to a high degree (9)

Times Cryptic #28532 | 15 Across | 2023-02-21 flower

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