Crossword Genius

Geordie Socialist, say, embracing one nymph (6)

Ross

I believe the answer is:

nereid

I'm a little stuck... Click here to teach me more about this clue!

'nymph' is the definition.
(I know that Nereid is a type of sea nymph)

'geordie socialist say embracing one' is the wordplay.
I cannot quite see how this works, but
'geordie' could be 'ne' (Geordies are from Tyneside in the North East) and 'ne' is located in the answer.
'one' could be 'i' (Roman numeral) and 'i' is found in the answer.
'socialist' could be 'red' (socialism is often associated with the colour red) and 'red' is found in the remaining letters.
This accounts for all the letters.
This may be the basis of clue (or it may be nonsense).

Can you help me to learn more?

(Other definitions for nereid that I've seen before include "Bristle worm" , "Sea nymph in greek mythology (6)" , "Mythological sea nymph" , "End ire (anag) - sea nymph" , "Sea-nymph" .)

I've seen this clue in The Telegraph.
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