Ancestor's eminent public address (7)
I believe the answer is:
grandpa
'ancestor's' is the definition.
(grandpa is a kind of ancestor)
I cannot understand how the remainder of the clue works.
Can you help me to learn more?
(Other definitions for grandpa that I've seen before include "Veteran" , "Pop" , "Parent's father" , "Old man" , "much older relative?" .)