Finished novel originally accepted by two press chiefs (5)

I believe the answer is:
ended
'finished' is the definition.
(similar in meaning)
'novel originally accepted by two press chiefs' is the wordplay.
'originally' indicates taking the first letters.
'accepted by' indicates putting letters inside (inserted letters are accepted).
'two press chiefs' becomes 'eded' (I am not sure about this - if you are sure you should believe this answer much more).
The initial letter of 'novel' is 'n'.
'n' inserted within 'eded' is 'ENDED'.
Can you help me to learn more?
(Other definitions for ended that I've seen before include "Having come to a conclusion" , "Stopped" , "'Our revels now are . . . . .' (The Tempest)" , "Brought to a close" , "Finished, terminated" .)
