Crossword Genius

Disparaging of French before Conservative welcomes accountant (11)

Ross

I believe the answer is:

deprecatory

'disparaging' is the definition.
(thesaurus)

'of french before conservative welcomes accountant' is the wordplay.
'of french' becomes 'de'.
'before' becomes 'pre' (**).
'conservative' becomes 'tory' (I've seen this before).
'welcomes' is an insertion indicator (in sense of 'invites in').
'accountant' becomes 'ca' (abbreviation for chartered accountant).
'pre'+'tory'='pretory'
'pretory' enclosing 'ca' is 'precatory'.
'de'+'precatory'='DEPRECATORY'

I've seen this clue in The Telegraph.
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