What does the cryptic crossword clue "Title in contemporary period (7)" mean?

The definition is "Title". The wordplay uses a charade (building blocks). PEER (synonym="contemporary") + AGE (synonym="period") = PEERAGE; definition: "Title" The answer is PEERAGE.

Title in contemporary period (7)

Daily Mail Cryptic #17576 | 20 Down | 2025-03-17 flower

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