What does the cryptic crossword clue "US college briefly thanks conference venue (5)" mean?

The definition is "conference venue". The wordplay uses a charade (building blocks). YAL (synonym="YAL") + TA (synonym="TA") = YALTA The answer is YALTA.

US college briefly thanks conference venue (5)

Times Cryptic #29050 | 21 Across | 2024-10-17 flower

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