Current fashion trend ignoring the odds (6)
I believe the answer is:
modern
'current' is the definition.
(associated in meaning)
'fashion trend ignoring the odds' is the wordplay.
'fashion' becomes 'mode' (synonyms).
'ignoring the odds' means one should take alternating letters (letters in odd-numbered positions are removed).
The alternating letters of 'trend' are 'rn'.
'mode'+'rn'='MODERN'
(Other definitions for modern that I've seen before include "See 11" , "In history, the period or era since the Middle Ages" , "Present-day" , "Recent, up to date" , "Of the present time or current fashion" .)