Donatello's carved captivating statuette (5)
I believe the answer is:
oscar
'statuette' is the definition.
(the golden Oscar statuette)
'donatello's carved captivating' is the wordplay.
'OSCAR' is hidden within the letters.
But, I am uncertain how the hidden word is indicated.
Can you help me to learn more?
(Other definitions for oscar that I've seen before include "Librettist Hammerstein, d. 1960" , "Phonetic code for O" , "Mr Wilde - film award" , "Film acting award" , "US film award" .)