What does the cryptic crossword clue "Treasurer's original regret is genuine (4)" mean?

The definition is "genuine". The wordplay uses a charade (building blocks). T (first_letter="Treasurer's") + RUE (abbreviation="regret") = TRUE; definition: "genuine" The answer is TRUE.

Treasurer's original regret is genuine (4)

Daily Mail Cryptic #16969 | 14 Down | 2022-11-16 flower

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