Deprecate beautiful woman absorbing Independent and Times (8)
I believe the answer is:
belittle
'deprecate' is the definition.
(thesaurus)
'beautiful woman absorbing independent and times' is the wordplay.
'beautiful woman' becomes 'belle' (I've seen this in another clue).
'absorbing' is an insertion indicator.
'independent' becomes 'i'.
'and' is a charade indicator (letters next to each other).
'times' becomes 'tt' (two abbreviations for time).
'i'+'tt'='itt'
'belle' going around 'itt' is 'BELITTLE'.
(Other definitions for belittle that I've seen before include "Denigrate, diminish" , "Make small" , "Make to seem unimportant" , "Dismiss (something) as unimportant" , "Sell short" .)