Crossword Genius

Granted, nothing has yet been settled? (7)

Ross

I believe the answer is:

allowed

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'granted' is the definition.
('allow' can be a synonym of 'grant')

I don't understand the rest of the clue.

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(Other definitions for allowed that I've seen before include "Given the chance" , "Owned" , "Legitimate" , "Gave permission" , "permissible" .)

I've seen this clue in The Times.
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