Artist raves, typically about caricature (8)

I believe the answer is:

travesty

'caricature' is the definition.
(travesty is a kind of caricature)

'artist raves typically about' is the wordplay.
'about' indicates a hidden word.
'TRAVESTY' is hidden in the letters of 'artist raves typically'.

(Other definitions for travesty that I've seen before include "Burlesque, parody" , "Sham" , "Charade" , "Absurd misrepresentation" , "Ridiculous version of the genuine article" .)

I've seen this clue in The Telegraph.

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