Distort terms in peer’s broadcast (12)
I believe the answer is:
misrepresent
'distort' is the definition.
(I know that distort is a more specific form of the action misrepresent)
'terms in peer's broadcast' is the wordplay.
'broadcast' is an anagram indicator (letters scattered or cast around).
'terms'+'in'+'peers'='termsinpeers'
'termsinpeers' with letters rearranged gives 'MISREPRESENT'.
(Other definitions for misrepresent that I've seen before include "Give a false account of (something)" , "Falsely state" , "Give inaccurate portrayal" .)